The project targets the installation of more than 11,000 smart meters at small household and non-household consumers across 22 localities in Neamt County, as well as upgrade works on low-voltage distribution network. The respective localities are as follows: Alexandru cel Bun, Bahna, Bi-caz-Chei, Bargauani, Bodesti, Borlesti, Candasti, Costisa, Dobreni, Dragomiresti, Hangu, Margineni, Negresti, Pangarati, Podoleni, Rediu, Romani, Stefan cel Mare, Tazlau, Trifesti, Valea Ursului and Zanesti.
The low-voltage distribution network in the localities included in the project will be modernized along a length of almost 280 km, which represents 90% of the existing network in the areas that are targeted by the investment. The main works include replacing more than 2,000 network poles and installing almost 1,500 connection poles, replacing conductors, installing new transformer stations and mounting 52 new distribution boards.
The investment worth almost RON79 million is co-financed with over RON43 million from the European Regional Development Fund – REACT EU (through the Large Infrastructure Operational Program 2014-2020, Priority Axis 10: Increasing energy efficiency and the use of renewable sources of energy in order to prepare a green, digital and resilient recovery of the economy), and the company’s contribution stands at over RON35.5 million (VAT included).
Delgaz Grid currently has under various stages of implementation six projects worth almost RON254.5 million, VAT not included (about EUR51.9 million), which get financing of RON182.3 million (some EUR37.2 million).
Delgaz Grid operates a 24,000 km natural gas network across 20 counties in the North and West regions of Romania (Cluj, Bistrita Nasaud, Maramures, Satu Mare, Salaj, Timis , Arad, Bihor, Caras-Severin, Hunedoara, Mures, Sibiu, Alba, Harghita, Iasi, Botosani, Vaslui, Suceava, Neamt and Bacau) and an electricity network of 83,000 km across six counties in the region of Moldavia: Bacau, Botosani, Iasi, Neamt, Suceava and Vaslui. Since its entry on the local market in 2005, E.ON has invested over EUR2 billion mainly in the modernization of the gas and electricity networks, and paid EUR2.7 billion in taxes and duties to the state budget.