New EBS substation cost about $ 4.6 million

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SURINAME  – The Energy Company Suriname (EBS) on Wednesday ‘activated’ its substation located along the Martin Luther Kingweg  in the Para District. EBS Director Willy Duiker indicated that this project cost the EBS about $ 4.6 million and that it was financed by NV SURMAC. He explained that the EBS will pay the money back to NV SURMAC in the next six years by supplying this company with electricity free of charge…[+]