Transelectrica signs PNRR contract for photovoltaic plants and storage facilities in 29 electrical energy stations

Transelectrica announces it signed with the General Secretariat of the Government the financing contract for the implementation of the investment “The efficiency, modernization and digitization of the national power transmission network”, financed by the REPowerEU component of PNRR in the amount of 56.2 million euro, according to The Diplomat.

Three essential investment projects for the efficiency and modernization of the national power transmission network will be financed through this contract, two of them addressed to the subsidiaries SMART SA and Teletrans SA.

The investment aims at the installation of photovoltaic plants and storage facilities in 29 electrical energy stations, at the refurbishment of the SMART SA subsidiary and the optimization of the communications network managed by the Teletrans subsidiary and at creating a data centre.

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