Romanian Economy Minister Ion Ariton met Thursday in Beijing with a delegation from the company, led by chief executive officer Ren Jianguo. Within talks, Jianguo expressed the intention to involve the company in the construction of Tarnita, according to a news release by the Economy Ministry.
Ariton is on a three-day visit to China, where he meets with the managers of Chinese engineering and energy companies, in view of drawing investors to Romanian projects.
The Tarnita hydropower plant is set for completion in 2019, following an investment estimated at EUR1.028 billion. The project company will be 51% controlled by state-owned hydropower producer Hidroelectrica.