Romanian economy minister Ion Ariton is paying a visit to China this week to discuss joint projects with Chinese companies in the energy sector, Mediafax announced. The visit comes after a broader government mission visited China earlier in September, stirring the interest of Chinese companies in joint projects. China Nuclear Power Engineering (CNPEC) plans to invest in the expansion of Romania's nuclear power plant in Cernavoda. Separately, China Coal Technology intends to develop the coal mining facilities in Romania's main mining region Valea Jiului. A mission of China's hydropower engineering and construction company Sinohydro has already already Romania to assess the opportunities for joint projects. Sinohydro is particularly interested in Romania's two major project in the large hydro power projects, namely the 1,000MW pumped power station designed to be developed in Tarnita-Lapusesti, and the upgrade of hydropower plant Bicaz. |
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
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
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