Metrorex published electricity supply tender – Romania, 23 February 2018

Metrorex, a company that manages subway network in Bucharest, has published a tender for the supply of electricity estimated at 13.8 million euros without VAT. It envisages a supply of some 195,000 MWh of electricity in the period between 1 July 2018 and 30 June 2019. The deadline for bids submission is 28 March 2018. […]

EBRD awarded 60 million euros to Transgaz for BRHA project – Romania, 23 February 2018

The European Bank for Reconstruction and Development (EBRD) will provide 60 million euros loan for the construction of a new gas pipeline between Romania, Bulgaria, Hungary and Austria (so-called BRHA gas pipeline), as a way to boost the development of regional European energy markets. The funds will be awarded to Romanian natural gas transmission system […]

RADET got 15.5 million euros for investments – Romania, 23 February 2018

The General Council of Bucharest adopted the city budget draft for 2018, which provides for expenditures of 1.33 billion euros and total revenues of 1.23 billion euros, supplemented by the 120.5 million euros surplus from previous years. The district heating company RADET got 15.5 million euros for investments in 2018 in addition to 85.5 million […]