“We will select an investor next spring to form a public-private partnership for the construction of the Tarnita-Lapustesti hydropower plant,” Boc told an economic conference.
“This is a highly important project for Romania’s energetic security,” he added.
The Tarnita-Lapustesti plant will be located on the Somesul Cald River in Cluj county, northwest Romania.
The government, through state-owned hydropower generator Hidrolectrica, will own 51% in the joint venture in charge of the project, which is due for completion in 2019.
According to economy ministry officials, over 10 companies are interested to invest in the project. Minister Ion Ariton recently said China Gezhouba Group International Engineering expressed its “firm intention” to join the investment, but no formal commitment was made.