Romania: New 500MW TPP Rovinari halted

, SEE Energy News

The project for the new unit of thermal power plants Rovinari, worth one billion EUR, which Chinese company China Huadian Engineering was planned to build, has been blocked by the request for the guarantees issuance, which may be granted only to shareholders of the Energy Group Oltenia.

In October 2014th, Oltenia and Chinese company signed an agreement on forming a company with mixed capital for the construction of new thermal power plants within TPP Rovinari, with a capacity of 500 MW.

In early July, Energy Minister Andrei Gere announced that the Romanian state and Chinese partner should sign contract on building by the end of the year. , transmits

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