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2009-12-09 00:00:00
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RIGA - Latvian state-owned electric utility Latvenergo says it is planning to invest around 60 million euros in the project Nordbalt that will connect the electricity markets of the Baltic and Nordic countries, reports news agency LETA. This investment would facilitate the creation of a new entity that would implement the power interconnection project - a submarine cable linking Sweden and Lithuania – that will also strengthen the energy market in Latvia
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