The plan must be in line with the evolution of consumption, as well as with energy imports and exports, according to a decision of Romania’s energy regulator ANRE.

The development plan will have to include the methods of financing and the way investments will be carried out.

According to Transelectrica data, network development investments scheduled for 2014-2016 amount to RON1.6 billion.

Transelectrica is 58.69%-owned by the state, through the government’s General Secretariat, while investment fund Fondul Proprietatea holds a 13.5% stake. The remaining shares are traded on the Bucharest stock exchange.