Romania’s Hidroelectrica Seeks Consultant on Selecting Investors for Major Hydropower Project

BUCHAREST (Romania), June 22 (SeeNews) – Romanian state-owned hydropower generator and supplier Hidroelectrica said it has invited bids for a contract worth an estimated 4.98 million euro ($6.9 million) for consultancy services on selecting investors for the construction of a major hydropower plant.

Interested companies are expected to file their bids by 0700 GMT on August 3. Bids will be opened at 0900 GMT on the same day, Hidroelectrica (www.hodroelectrica.ro) said in a open bid tender announcement posted on its website.

The construction of the 1,000 megawatt (MW) hydropower plant is estimated to cost 1.1 billion euro, local media has reported. The plant will be located in Tarnita-Lapustesti in the northwestern Cluj county.

According to media reports, Verbund Austria, Hungary’s MVM and France’s EDF and GDF SUEZ have already expressed interest in the hydropower plant. Financial institutions such as the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD) and the International Bank for Reconstruction and Development (IBRD) are also reportedly interested in the project.

($ = 0.7222 euro)

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