POWER PLANT
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Romania Completes Construction Of Hydropower Plant In Sibiu In EUR160M Investment
Romania inaugurated Thursday Centrala Hidroelectrica Racovita (CHE Racovita), a EUR162.7 million hydropower plant in Sibiu county, central Romania, whose construction started before 1989.
Petrom Sells 54% Of Brazi Plant Electricity On Regulated Market
The 860-megawatt gas-fired power plant operated in Brazi by oil and natural gas company OMV Petrom (SNP.RO) sold 54% of its first-year production on the regulated market where households and...
Coal-Fired Power Plants See Highest Costs In Romania, Unlike European Trend
The coal sent from the US, a country that is now relying on the cheap shale gas, have caused some of the state-of-the-art European gas-fired thermoelectric power plants to lose ground to tho...
Renovatio Might Build EUR300M Gas-Fired Power Plant
Smart Electric Design, a company controlled by Cyprus-based Renovatio group, could start work on a 450 MW power plant running on gas in Satu Mare (northern Romania) worth about EUR300 millio...
EBRD No Longer Funding EUR276M Power Plant Project Of Alro’s Owner
European Bank for Reconstruction and Development (EBRD) has cancelled plans to provide EUR207 million funding for a EUR276 million power plant the Russian owner of aluminum smelter Alro (ALR...
Chinese Investor To Get Construction Permit For EUR1B Romanian Power Plant In November
China Huadian Engineering could get the permit to build a EUR1 billion coal-fired power plant near the Rovinari thermal power plant in November, and construction work could start towards the...
Romania Seeks Investors For 1,000MW Hydropower Plant
Romania’s government is searching for investors to finance the construction of a 1,000-megawatt hydropower plant in Tarnita-Lapustesti, a project valued at EUR1.2 to EUR1.4 billion, minister...
OMV Petrom Shuts Down Brazi Power Plant For Scheduled Overhaul
Romania’s dominant oil company OMV Petrom (SNP.RO), controlled by Austria’s OMV, will shut down its thermal power plant in Brazi for a scheduled maintenance between November 9 and November 1...
Petrom Joins The Big League Of Energy Producers
Romanian oil company OMV Petrom (SNP.RO) officially opened its thermal power plant running on natural gas in Brazi (southern Romania) on Tuesday, after a EUR530 million investment, the only...