Transelectrica puts EUR 22 million in station upgrade

Newsroom 19/09/2007 | 16:40

About 95 percent of the sum was borrowed through an external credit from the World Bank, while the rest of it was provided by Transelectrica. This is Transelectrica's tenth completed modernization project.
The modernization of the 220/110 kV Fundeni station is intended to increase the safety of the Bucharest power ring, reduce costs and improve power transit. The works for the upgrading of the station, which began in May 2005 and were completed this year in July, were part of Transelectica's strategy to upgrade all the key stations of the Romanian power system.
The station in Fundeni supplies electrical power to the northeastern part of Bucharest.
The national power transportation company announced it would put EUR 2 billion into the modernization and development of its network by 2020.
In 2006, Siemens Romania registered EUR 290 million in sales. It has 15 divisions in Romania.

Roxana Mihul

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