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Large hydro power plant in Romania to be modernized with 82m euros

Staff writer |
One of the largest hydro power plants in Romania, the Vidraru plant, will be refurbished for the first time.

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The dam, the lake, and the turbines will be modernized and strengthened. The work will last four and a half years and will cost EUR 82 million, without VAT, reports local The contract will be awarded via a public tender.

The plant, which was built in the ‘60s, has an installed power of 220 MW.

State-owned Hidroelectrica, the country’s largest power producer plans EUR 250 million investments this year. The company will inaugurate the 12-MW plant in Bretea, following an investment of EUR 50 million. It also plans to sign the refurbishment contracts for the Raul Mare-Retezat and Mariselu plants this year.

Hidroelectrica estimates a gross profit of EUR 288 million this year, the highest in the company’s history.

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