Austrian court clears way for disputed Verbund power line

VIENNA (Reuters) – Austria’s top administrative court has ruled that a disputed high-voltage power line project in Salzburg province would not be environmentally damaging, the court said on Tuesday, clearing the way for its construction.

The line, a project of utility Verbund that would strengthen the north-south axis of the national grid, has faced repeated local challenges and delays.

“The Federal Administrative Court found no serious impact of the planned project on the environment,” the court said in a statement, adding that it had rejected objections filed by local authorities, environmental groups and others.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.