The new 430 MW combined cycle gas turbine power plant was due to be start operating in 2019. So the new deadline will mark a five-year delay of the project.
Seven years ago, Romgaz signed an around EUR270 million contract with Duro Felguera and Romelectro for the design, equipment delivery, construction of the Iernut project, as well as for making it operational.
Romgaz signed a RON345 million contract with the Spanish company Duro Felguera in the spring to complete the new thermoelectric power plant, with an advance payment of 15% of the contract price excluding VAT. The delivery deadline is 16 months from the date of the start of work, with the possibility of extension according to the contract.
(English version by Loredana Fratila-Cristescu)