News

Three companies from China bid for HPP project

Published

August 10, 2015

Comments

0

Share

Published:

August 10, 2015

Comments:

0

Share

State-run company Hidro Tarniţa SA has three bidders left in the race for the construction of a 1 GW hydro pumped storage facility Tarnița – Lăpuștești on Someșul Cald river in Cluj county in Romania’s northwest, Economica.net reported. The plant project, which has been stalled for the last three decades, is worth over EUR 1 billion. Preliminary bids in January were filed by five potential investors, all from China. The project is for four turbines of 250 MW and envisages the creation of a 10 million cubic metre reservoir linked to Tarniţa lake. The facility will take five to seven years to complete.

China Gezhouba Group and Wuling Power Corporation are one of the remaining consortiums. Both are big dam builders, and Gezhouba’s portfolio includes the Three Gorges Water Conservancy Project, world’s largest hydroelectric facility. The second group is made of China Huadian Corporation companies China Huadian Engineering and Guizhou Wujiang Hydropower Development, which control dams along Wu river in China. The third consortium comprises Huaneng Lancang River Hydropower and Hydrolancang International Energy.

Hidro Tarniţa counts on more than 4,000 job openings for the hydro plant.

Related Articles

Renewables record 30 global electricity 2023 growth solar wind Ember

Solar, wind push renewables to record 30% global electricity share

08 May 2024 - Renewables generated a record 30% of global electricity in 2023, driven by growth in solar and wind, Ember said in an annual report

AAE gamit slovenia Energie AG wind solar

Energie AG acquires stake in Slovenian wind, solar developer

08 May 2024 - Energie AG aims to develop wind farms and photovoltaic parks in Slovenia with a total capacity of more than 180 MW

MFG Ltd tradition innovation sustainability energy future

MFG Ltd – tradition, innovation, and sustainability for the energy of the future

08 May 2024 - MFG - Matić Family Group is a conglomerate of companies founded by the Matić family, whose entrepreneurial story dates back to the early 1930s

EUSEW - Selected Young Energy Ambassadors

EUSEW selects this year’s Young Energy Ambassadors

07 May 2024 - As part of the European Sustainable Energy Week (EUSEW), a new class of Young Energy Ambassadors has been selected