Termoelectrica needs 76m euro

Termoelectrica needs to get 76 million euros by 2005 in order to retool nine stations, a survey by Black & Veatch (US) and the Institute for Energy Studies and Design (ISPE) shows. The stations analysed in the survey are Borzesti, Braila, Bucharest-South, Craiova, Iernut, Isalnita, Palas-Constanta, Rovinari and Turceni. The report estimates the projects to retool Termoelectrica’s stations to be worth 76 million euros, while the company’s gain from the completion of projects might amount to some 29.7 million euros a year. Mediafax