The Danish fund for export crediting will provide a BGN 3 mln grant for the implementation of a project for combined production of electricity and heating in a thermal power station in Vratsa. The overall cost of the project is estimated at about BGN 15 mln. Another BGN 10 mln will be provided in the form of credit with an 18-month grace period and 10-year repayment term. Vratsa's heating company has to provide 5 to 15% of the necessary amount. According to the Danish experts the project will boost the energy efficiency of the heating supply of the subscriber stations, which will be fully automated