November 22, 2017

Chinese company to cover 40 % investment for Cernavoda reactors

Rodin Traicu, secretary of state within the Economy Ministry, stated for Mediafax  that several Chinese companies are courted by the Romanian Government that wants them to invest in electricity production projects worth over USD 3 bln. A Romanian delegation recently visited China. According to Traicu, the Romanian side asked China Huadian Engineering to get involved in the construction of a 400 MW energy group at the Mintia thermal power plant which represents an investment of approximately USD 400 M. Another project the Chinese company could get involved in is the construction of a 250 MW energy group at the Autonomous Administration for Nuclear Activities (RAAN), an investment estimated at approximately USD 250 M. Also, the Economy Ministry has proposed to China Coal Group to get involved in modernizing coal mines in the Jiu Valley and Drobeta Turnu-Severin in order to hike the production of coal used in electricity production. Last but not least, China Guandong could cover approximately 40 % of the investment needed for the construction of reactors 3 and 4 at the Cernavoda nuclear plant.

Source: Nine o’clock (read more)

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