The seven projects have a total value of RON1.32 billion and the value of non-refundable financing from the Modernization Fund amounts to RON849.6 million. DEER co-financing stands at RON472.9 million (almost EUR95 million).
DEER, the largest distribution operator in Romania, owns over 200,000 km of electrical networks, about 450 high and medium voltage transformer stations and over 30,000 transformer stations. More than 80% of the electricity grids were put into operation before the year 2000 and major investments are needed to modernize, retrofit or even replace them.
The contracts signed at the Ministry of Energy refer to the following investment projects:
– “Modernization of the electricity distribution network, Rasinari commune, Sibiu county”. The total value of the project is RON43,407,784.38 and the value of the non-refundable financing is RON27,578,633.69;
– “Increasing the degree of safety of the 110/20kV Sibiu Nord transformer station and closing the 110kV loop between the Sibiu Sud – Cisnădie – Dumbrava stations, Sibiu County”. The total value of the project is RON237,053,759.69 and the value of non-refundable financing is RON150,525,658.08;
– “Modernization of the electrical distribution network (RED) 110kV in the Smardan – Barbosi – Filesti – Arcelor Mittal area and modernization and integration into the SCADA of the 110/20/6kV Filesti station, Galati County”. The total value of the project is RON124,941,087.60 and the value of the non-refundable financing is RON76,836,020.79;
– “Implementation of the intelligent electricity measurement system at the level of the county seat cities in the Northern Transylvania area: Cluj-Napoca, Oradea, Zalau, Baia – Mare”. The total value of the project is RON283,048,714.58 and the value of the non-refundable financing is RON184,153,238.98;
– “Implementation of the intelligent electricity metering system at the level of the county seat cities in the Southern Transylvania area: Brasov, Sibiu, Targu Mures, Alba Iulia and Miercurea Ciuc. The total value of the project is RON274,244,957.75 and the amount of non-refundable financing is RON178,295,015.33;
– “Implementation of the intelligent electricity measurement system at the level of the county seat cities in the North Muntenia area: Galati, Braila, Focsani, Ploiesti and Targoviste. The total value of the project is RON243,551,475.56 and the amount of non-refundable financing is RON158,122,227.68;
– “The transition to 20kV in the municipality of Moreni and the modernization of the electric substation 110/20/10kV Moreni, Dambovita County. The total value of the project is RON116,378,090.99 and the amount of non-refundable financing is RON74,134,508.74.