July 4 (SeeNews) - Croatia's energy ministry said it has called a tender for 1.9 billion kuna ($264 million/252 million euro) worth of grants under the Recovery and Resilience Facility (RRF) in favour of privately-owned companies from energy-intensive sectors to support their energy and resource-efficient projects.
The value of a single grants varies from 750,000 to 7.5 million kuna for small and medium-sized companies and from 2 million kuna to 35 million kuna for medium-capitalised companies, the ministry said in a call for the tender on Friday.
Companies from energy-intensive sectors including food, textile, wood processing, paper manufacturing, chemical industry, construction and metal processing industries are entitled to apply for grants from August 1 to December 1.
The grants will support projects aimed at reducing the negative impact on environment from industrial activity, and investments to boost production of energy from renewable sources.
The RFF aims to help the EU member states to emerge stronger from the pandemic. Payments under the RRF are performance-based and contingent on member states implementing the investments and reforms outlined in their national recovery and resilience plans.
The maximum financial contribution for non-repayable financial support that Croatia is set to receive under the RRF amounts to 5.5 billion euro ($5.7 billion), the European Commission .
(1 euro=7.527 Croatian kuna)