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UK energy regulator says $2.53 bln funding for new subsea cable gets green light



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Nov 15 (Reuters) -British energy regulator Ofgem said on Friday a 2 billion pounds ($2.53 billion) funding package has been awarded to build a proposed new subsea and underground cable to boost energy security, cut bills and reach the government's clean energy targets.


($1 = 0.7891 pounds)



Reporting by Yadarisa Shabong in Bengaluru; Editing by Varun H K

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