According to the ministry, the total value of the project, submitted in 2011, is RON122.1 million (EUR27.3 million), of which RON45.3 million represent non-reimbursable funds (50% of the project’s total eligible value).
The financing agreement was signed Friday by Economy Minister Daniel Chitoiu.
The ministry holds 58.7% in Transelectrica. (EUR1=RON4.4648)