Romania mulls alternative scenarios for establishment of energy complexes.

By bne IntelliNews April 8, 2011
Romania mulls setting up two energy complexes as an intermediary step before the establishment of the two energy companies, Hidroenergetica and Electra, by end-2011, Agerpres reported, quoting economy ministry official Alexandru Sandulescu. The discussed possibilities are Oltenia in the lignite area, which will include state-run mining company SNLO and thermal power producers Craiova, Turceni and Rovinari; and a complex in the pitcoal area, which will include coal company CNH and thermal plants Deva and Peroseni. This step will also serve as an alternative solution in case the government fails to establish the two power companies. The government plans to merge its power generation companies, including Hidroelectrica, Nuclearelectrica and the thermal power plants, as well as the power and mining energy holdings, into two national companies with roughly similar production costs. However, the process is being stalled by numerous court actions.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 259

Related Articles

Romania to spend EUR 37mn in 2013 to close down loss-making coal mines.

Romania's government has earmarked RON 163mn (EUR 37mn) worth of subsidies for 2013 under a programme aimed at closing down the loss-making mines of local company CNH located in the southwestern ... more

Romanias Hidroelectrica sells nearly 0.3TWh of electricity on free market.

Romanian state-controlled hydropower company Hidroelectrica sold on Thursday, March 21, in several separate contracts a total of 0.3TWh of baseload electricity deliverable between April 1 and the ... more

Romania to start privatisation of cargo railway company on April 6-8.

The Romanian government will publish the privatisation call for freight railway company CFR Marfa immediately after the consultants complete their work, probably on April 6-8, Romanian transport ... more