Romgaz signed a 70 million euros worth contract with Spanish Duro Felguera for the completion of works on a 430 MW combined cycle gas turbine power plant in Iernut, company announced.
All works must be completed within 16 months from the date of the contract signing, Romgaz added.
In November 2016, Romgaz has concluded an agreement worth 268 million euros (without VAT) with a consortium of Spanish company Duro Felguera and Romanian Romelectro for a turnkey project for the construction of new 430 MW gas-fired power plant within its Iernut thermal power plant. Initially, agreed deadline for the completion of the project expired in December 2020.
The statement from Romgaz said that it will identify the necessary solutions to complete and commission the combined cycle unit at Iernut and will inform of its decision at a later date.
