February 20 (SeeNews) - Bulgaria's Power Distribution North, a unit of Czech power utility Energo-Pro, said on Thursday that it is planing to invest a total of 15 million levs ($8.3 million/7.7 million euro) in the Varna region in 2020.
Most of the funds will be used for reconstruction and repair of power transmission lines, Power Distribution North said in a notice.
The company's 2020 investment programme also envisages the modernisation of the Chaika, Asparuhovo, Devnya 2 and Maksuda power substations.
Power Distribution North operates 26 power substations and power lines with a total length of over 43,000 km over a territory of nearly 30,000 sq m in northeastern Bulgaria.
(1 euro = 1.95583 levs)