Delgaz Grid gets EU funds co-financing for a RON 16.3 mln investment

A new investment by Delgaz Grid will be co-financed with around RON 10 million out of the European Fund for Regional Development, as well as with RON 1.8 million from the national budget, and a contribution of RON 4 million from the company itself, says Business-Review.eu.

The project will involve the upgrade of substations in Harlau, Pascani and Gorban (110/20kV) of Iasi county, works for strengthening the electric grid and integrating primary and secondary circuits of the three substations. The works will take place over a period of three years and have the objective of increasing the safety of renewable energy sourcing by reducing the number of interruptions, the amount of undelivered electric energy and the maintenance costs for the distribution network.

Maintaining and developing the natural gas and electric energy distribution infrastructure are a priority for the company, and since 2012 three European financing projects have been implemented, with the fourth being in progress.

More specifically, through previous projects, the natural gas distribution system was upgraded in Iasi and Cluj counties; a technological upgrade of the natural gas network and several substations was done in Iasi and its metropolitan area; in Cluj-Napoca the natural gas distribution network was upgraded with the help of European funds.

 

Read more HERE

Comments

comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here