The contract for upgrading Vidraru Hydropower Plant, a 200 million euro investment, was signed on Tuesday in Arges county, in the presence of premier Marcel Ciolacu and energy minister Sebastian Burduja. The contract signing ceremony was attended by Marija Kapitanovic, the Croatian ambassador to Bucharest, since a Croatian company will be involved in the upgrading process. “It is an important event for the Romanian energy sector and for bilateral relations between Romania and Croatia. Koncar, the company involved in the project, represents excellency in the energy sector,”said the ambassador. The association between Electromontaj (association leader), Koncar engineering Co.Ltd for Production and Services and Butan Group won the contract for the upgrading of Vidraru Hydropower Plant, worth 188.382 million euros, Hidroelectrica informed on July 1st. According to the source, AHE Vidraru is one of the most representative hydropower objectives in Romania and the power plant, with an installed power of 220 MW,is playing an important role for the National Power Grid. Vidraru Hydropower Plant, commissioned in 1966, uses the waters of Arges river potential on a sector 28 km long, between Cumpana and Oiesti, turning to account a water fall of 324 m. The lake has a volume of 465 million cu.m., of which 320 million cu.m represent useful volume. Vidraru Dam was, when inaugurated, the fifth in Europe and 9th in the world among similar buildings. It ensures an annual electric energy output of 400 Gwh. Hidroelectrica is the largest green energy producer in Romania amd supplies technologicalservices for the National Power Grid. The company operates 187 power plants with a capacity of 6.3 GW. Moreover, it has a wind park at Crucea, with an installed power of 108 MW and a share of 13.09% in the supply market.
If Russian president Vladimir Putin, who invaded Ukraine in 2022, is not stopped, "he will certainly go to Moldova and perhaps further, to Romania," French president Emmanuel Macron warned in an interview with several French newspapers quoted by Le Monde. The statement came after the...
The government of Romania will continue to cap the price for "a large part of the electricity purchased by the Republic of Moldova" from domestic producers in Romania, acting president Ilie Bolojan declared during a press conference held in Chisinau on February 28 with counterpart Maia Sandu,
A rally estimated at tens of thousands of participants from all over the country was organized by the far-right party AUR and its smaller newly emerged partner POT in favor of pro-Russian isolationist and former presidential candidate Calin Georgescu in Bucharest on March 1. The rally was organized by AUR, the party of far-right politician […]
Romanian prime minister Marcel Ciolacu mentioned the option of broadening the ruling coalition with the reformist Save Romania Union (USR) after the latter avoided supporting the opposition's no-confidence motion against the executive while still criticizing the prime minister. PM Ciolacu implied he might step down after thorough consultations with his party but insisted that the […]
The Prosecutor General's Office is in possession of evidence about a plot organised by former presidential candidate Călin Georgescu and a group of former French Foreign Legion fighters coordinated by Horațiu Potra, still active under contracts with African states, who immediately after the annulment of the presidential elections on December 6, 2024, were planning to […]
Romania opposes the free trade agreement with the countries of the Mercosur bloc, considering that it will bring significant harm to the agri-food sector and Romanian farmers, said agriculture minister Florin Barbu. "Romanian farmers will be affected. I have asked the Commissioner [Christophe Hansen, European Commissioner for Agriculture] to give agriculture a three-year transition period […]
