The National Energy Regulatory Authority (ANRE) has approved authorization for the construction of the Midia Navodari cogeneration power plant with an installed capacity of 77.8 MW.
This is the investment of the Kazakh-Romanian Energy Investment Fund (FIEKR), worth some 148 million euros. The construction started last year and the plant should be commissioned by the end of July 2023. The new cogeneration plant for combined production of electricity and heat will use natural gas as the main fuel, of which 25 % will be provided from the technological process of the refinery and 75 % from the national gas network.
In 2020, FIEKR has signed the EPC (engineering, procurement and construction) contract for the turnkey construction of a cogeneration plant on the Petromidia platform with Turkish Calik Enerji. FIEKR is 80 % owned by Kazakh KMG International while the Romanian state holds the remaining 20 % through SAPE.
ANRE also approved the license for the construction of 90 MW solar power plant Oradea, by local company Eco Sun.
