EC Oltenia to loan 54 million euros for TPP Rovinari unit 5 upgrade – Romania, 26 Januarry 2018

State-owned electricity producer Energy Complex (EC) Oltenia is planning to obtain long-term loan worth some 54 million euros from EximBank to finance the rehabilitation and upgrade of 330 MW unit 5 at thermal power plant Rovinari in order to extend its operational life by another 15 years. Earlier this month, General Manager of EC Oltenia […]

Minister of Energy Toma Petcu resigned – Romania, 26 January 2018

Toma Petcu resigned from the position of the Romanian Minister of Energy due to personal reasons and will be replaced by the former Deputy Minister of Energy Anton Anton in the new Government led by Prime Minister Viorica Dancila. Petcu was appointed Minister of Energy in January 2017 and was part of the last two […]

Transelectrica received 27 million euros grant for Cernavoda-Stalpu transmission line – Romania, 26 January 2018

The European Commission has granted 27 million euros to Romanian electricity transmission system operator Transelectrica for the construction of 400 kV Cernavoda-Stalpu transmission line. This is the first of the six projects of common interest belonging to Transelectrica which are included in the latest PCI list. The 400 kV line Cernavoda – Stalpu will be […]