Thus, RON1.06 billion will be invested in modernizing the electricity distribution network and RON836 million in natural gas distribution pipelines, according to company officials.
In 2019, Delgaz Grid carried out investments of RON457 million, of which RON242 million in modernizing the electricity distribution network and RON215 million in gas distribution pipelines.
For 2020, the company’s investment budget is almost the same as last year’s, namely, RON456 million. More precisely, in 2020, the company will invest RON249 million in its electricity distribution network and RON207 million in modernizing over 350 km of pipelines and grid connections.
Delgaz Grid operates over 23,000 km of natural gas distribution pipelines in 20 counties in northern and western Romania and an electricity distribution network of nearly 81,900 km in six counties in eastern Romania.
Since entering the Romanian market in 2005, E.ON invested approximately EUR1.7 billion in modernizing gas and electricity networks.