Electricity

Hidroelectrica launches tender for retrofitting of HPP Vidraru

Hidroelectrica launches tender for retrofitting of HPP Vidraru

Photo: Pixabay

Published

February 20, 2018

Country

Comments

0

Share

Published:

February 20, 2018

Country:

Comments:

0

Share

Romania’s Hidroelectrica has launched the international public tender for the refurbishment of the hydro-power plant Vidraru. The estimated value of the project is EUR 78.98 million (without VAT), to which can be added maximum EUR 1.75 million of unanticipated expenses.

The largest energy producer in Romania said it its statement, published by Romanian media, that the winner will develop works during 56 months from the date of assignation.

The final date to submit offers for the acquisition of the work for Re-technologization AHE Vidraru is May 15.

Vidraru power plant is one of the largest electricity producing units in the country. It has a capacity of 220 MW and it went into operation in 1964. Built on Arges River, it was designed to operate predominantly at the top of the load chart, with an annual average energy output of 400 GWh.

Investments, re-technologization and maintenance are now the Hidroelectrica management’s main concerns.

“It is a favorable moment for our company to make investments. The previous year was profitable and this beginning of the year is stable from the structural point of view and financially consolidated. Our strategy focuses on the long-term development. The tender for the Vidraru re-technologization is just a first step in this strategy of company’s consolidation and the implementation of a new business philosophy,” said Bogdan Badea, president of the Hidroelectrica board.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

matija medojevic mepx CEO belen montenegro power exchange

Montenegrin Power Exchange – road to EU

25 September 2023 - MEPX is working to fulfill the conditions for obtaining the NEMO status, CEO Matija Medojević told Balkan Green Energy News in an interview

Central, Eastern Europe severely lagging in smart meters rollout

Central, Eastern Europe severely lagging in smart meters rollout

25 September 2023 - Smart meters are a vital part of the modern power grid, as they facilitate energy saving, demand response and numerous other applications

Eurelectric-Europe-attract-unprecedented-investments-grid-expansion

Eurelectric: Europe must attract unprecedented investments in grid expansion

22 September 2023 - After a period of historic hardship, the electricity sector in Europe showed several positive trends, according to Eurelectric.

Environmentalists-hydropower-project-Skavica-Albania-Constitutional-Court

Environmentalists take hydropower project Skavica in Albania to Constitutional Court

22 September 2023 - Activists said said their complaint against the Skavica hydropower project would be heard at the Constitutional Court of Albania