The only two bids for this project came from China Huadian Engineering and Marubeni Corporation. Law firm Bostina si Asociatii, which provided legal assistance to CEN Rovinari, said in a press release that the Chinese offer was rated the highest, 100, compared with the 78.75 points obtained by Marubeni Corporation.
The future power plant will use lignite and have a capacity of at least 500 MW. The necessary minimum investment has been estimated at EUR800 million. The project will be developed by a mixed firm, in which the private investor might hold the majority stake.
The plant’s construction will take three to three years and a half. According to CE Rovinari general manager Tiberiu Trotea, the unit will be outfitted with up-to-date technology and the cost of its electricity will be among the lowest for a Romanian thermal power plant.
Marubeni Corporation is one of Japan’s largest trading companies, with interests in the food industry, textiles, energy, metals, mineral resources and chemicals, as well as infrastructure projects, factoires, machinery, finance, logistics and real estate development. The company has around 4,000 employees and 120 offices in 68 countries and regions, including Romania.
China Huadian Engineering is owned by the Chinese government and mainly active in heavy machinery production, water treatment and environment protection technologies, unconventional energy, power plant construction, high-tech research and development. Its parent group, China Huadian Corporation, has operations in energy production from primary sources, heating systems and other technology services for the energy sector.
Complexul Energetic Rovinari is owned by the Romanian state, through the Ministry of Economy.