...And there's also our small power plant
The foreign private investors are increasingly active on the Romanian energy market, betting on a restructuring of the businesses in this sector. The energy-producing sector accounts for the core of the state ownership in the economy and uses morally and technologically obsolete equipment, which is some 30 years old
The foreign private investors are increasingly active on the Romanian energy market, betting on a restructuring of the businesses in this sector. The energy-producing sector accounts for the core of the state ownership in the economy and uses morally and technologically obsolete equipment, which is some 30 years old.
Powerful groups such as Swiss-Swedish supplier ABB, Siemens (Germany), Alstom (France) or even surprise-players on the energy market like Austrian oil group OMV have embarked on a “client” hunting operation among the major industrial consumers on the Romanian market, that have the necessary financial potential, the will and the possibility to establish their own energy resources.
ABB Romania, subsidiary of one of the world’s leading equipment, automation and technology providers, on Monday started operating the first electrical power station ever built by a private investor.
On the other hand, another player looking into this market is, surprisingly, the powerful regional oil group OMV, which is now assessing the possibilities of going into energy producing, the construction of cogeneration plants (that produce both heat and power) to be precise.
The investments made by the industrial consumers may range between several million dollars, in case they build a distribution station and $100-$200 million, in case they want a new electrical power station with a high installed capacity (e.g. such as the one required by a refinery), specialists say.
The first private electrical power distribution station (110/20 KV) in Sudrigiu (Bihor County) supplies electrical power to the productive facilities of the European Drinks Group, one of the leading foodstuffs and beverage industry players.
“The investment is worth more than 150bn ROL ($4.5 million),” Ioan Micula, European Drinks chairman said. The group’s turnover reaches more than half a billion dollars a year.
ABB Romania designed the station and provided the necessary equipment, as well as the technical support for the plant’s operation.
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