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

coal-power-generation-eu

Fossil fuels returned as top energy source in EU power generation in 2021

01 July 2022 - Among renewable sources, the biggest increase in 2021 was seen in electricity produced from solar energy, 13%,

Floating wind farm project unites fishermen, investors in Ireland

01 July 2022 - A joint 2 GW floating wind farm project is the first cooperation in the world between the two opposing sectors.

Voltalia breaks ground Albania biggest solar park Western Balkans Karavasta

Voltalia breaks ground in Albania for biggest solar park in Western Balkans

01 July 2022 - The site for the Karavasta solar park spans 196 hectares in Fier county in Albania's west. The planned capacity is 140 MW.

net-loss-eps-q1

Serbia’s power utility EPS posts Q1 net loss of EUR 254 million

30 June 2022 - The state-owned power utility is blaming the poor result on a drop in output, electricity imports, and capped prices for end-consumers