Romania: Transelectrica’s investments in Moldova’s electricity network, SEE Energy News
Romanian electricity transmission system operator Transelectrica is completing massive investments to strengthen the national electricity transmission network and adapt it to achieve European objectives.
An important step in this investment strategy is the strengthening of the energy infrastructure in the Moldova region, which contributes to the evacuation of electricity produced from renewable energy sources from Dobrogea. Currently, in this part of the country, several important substations are in the process of modernization and refurbishment: Stalpu, Focsani Vest, Smardan, Munteni, Bacau Sud and Roman Nord, with investments totaling over 55 million euros.
Transelectrica’s CEO Catalin Nitu said that the electricity transmission system plays a key role in the transition to a clean, low-carbon economy, adding that the company’s development plans are aligned with the state objectives assumed by Romania at European level in this regard.
The modernization and refurbishment of substations in the Moldova region is coordinated with projects for the construction of new high voltage overhead transmission lines, such as 400 kV Cernavoda – Stalpu, a project with a European co-financing of over 27 million euros, and 400 kV Gutinaa – Smardan, an investment with European financing of over 33 million euros that will secure the supply of the Moldova region by increasing the energy transmission capacity from Dobrogea.
- June 11, 2021 Slovenia: MOL Group’ retail acquirement agreement with OMV
- June 11, 2021 Serbia: NIS’ environmental projects investments
- June 11, 2021 Romania: IFC’s investments in Raiffeisen green bond issue