Romgaz to invest almost RON 900 M this year in Iernut power plant

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Romanian natural gas producer and supplier, SNGN Romgaz, will invest RON 856 million this year at the thermal power plant it builds at Iernut, after last year the company made payments of RON 200.4 million for this project, capital.ro informs.

For 2018, Romgaz plans to complete the execution of the foundations, the construction of the turbine and the building, the installation of waste heat boilers, related public works, the execution of auxiliary buildings.

The company also intends to start the execution of the main electrical and mechanical installations and the delivery of three gas turbines, four gas turbine generators, two steam turbines and related generators.

The construction project of the new Iernut power plant entered a new phase of development after Thursday, three of the four gas turbines and two generators were discharged into the Port of Constanta, following to reach Mures County, on March 14th. The equipment will be installed in the second part of the year.

With a planned installed generation capacity of 430 megawatts (MW), the Iernut project is South Eastern Europe’s largest gas project. The Iernut plant project has a total value of EUR 268 million and is financed by Romgaz’s own funds and the National Investment Plan. The power plant will be completed in 2020 and is built by Duro Felguera (Spain) and Romelectro (Romania).

 

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