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HUNGARY

Hungary accelerates box expansion!

Sugar Mizzy May 28, 2022

Foreign Minister Peter Sizzardo said on Friday that Hungary will accelerate the expansion of the Box nuclear power plant and solar energy investments to neutralize 90 percent of carbon emissions by 2030.

Péter Szijjártó told the Indian public media in Delhi that Hungary had joined the International Solar Energy Association, founded by France, in order to accelerate solar energy investments, with the aim of promoting technological implementation and investments in the use of solar energy.

“As India places more and more emphasis on nuclear energy, we will accelerate the construction of the canned nuclear power plant in Hungary by 2030.

Together with nuclear power and solar energy, we are accelerating our solar energy investments to ensure carbon neutralization of electricity generation by 2030, ”he said.

Earlier, Sijjardo, who attended the India-Hungary Chamber of Commerce, noted that India was the sixth largest economy in the world and had achieved “incredible economic growth” in recent years.

Hungary’s economy is growing rapidly in India, as many Indian groups have made significant investments in Hungary, employing thousands of people, making Hungarian companies increasingly successful in the Indian market.

Trade between the two countries broke a “big record” last year: it approached $ 1 billion for the first time in history, after a 26 percent increase, he said.

Read moreThe box plant modernization project is approved for the construction of the retaining wall

Source: MTI

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