The budget earmarked for investments in 2021 is 11% higher than the amount allotted in 2020 and the biggest of the last 16 years, since E.ON’s entry on the Romanian energy market.
By business segments, company data show investments of RON285 million (EUR58 million) in upgrading natural gas pipelines and connections to the main supply, 8% more versus 2020.
On the electricity segment, the company budgeted investments of RON327 million (EUR67 million), 15% more than in 2020, of which RON26.5 million (EUR5.4 million) represent EU funds.
“This year, we plan to install over 22,000 smart meters, therefore, some 22% of Delgaz Grid clients will have SMART meters. For the 2021-2028 period, we seek to install an additional 387,000 meters, which means 45% of clients will have smart meters until the end of 2028”, according to company representatives.
In 2020, the company invested RON550 million (EUR114 million) on the Romanian market, especially in distribution system upgrades.
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 82.300 km in six counties in eastern Romania.
The company invested RON2.9 billion since 2005 in modernizing the natural gas distribution infrastructure that currently covers 20 counties in the northern part of Romania.