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Romania: Distributie Energie Electrica Romania received 57 million euros from Modernization fond

 

Electricity distribution network operator Distributie Energie Electrica Romania (DEER) received 57 million euros of non-refundable European financing through the Modernization Fund.  The amount represents 80% of the eligible expenses for four investment projects in the electricity distribution network, whose total estimated value is around 77 million euros. The proposed projects will be carried out mainly in the counties of Sibiu, Bihor and Maramures, but part of the works will have an impact on all 18 counties in the DEER coverage area.

DEER signed financing contracts for four important projects. The first project is the 110/20 kV Sibiu West transformer station. The investment aims to increase the reliability and capacity of the medium voltage network and increase the quality of the distributed electricity distribution service;

Second, modernization of the 110 kV electricity distribution networks, in the area of the Centru-Airport-Iosia-Mecanica transformer stations, in Oradea municipality. As a result of the rapid development of the municipality, through this investment, users benefit from continuity and permanence in the supply of electricity, at high performance standards.

Modernization of overhead transmission lines 20 kV Sighet-Teceu, 20 kV Sighet-Costui and 20 kV Sighet-Radio Vad are the third and fourth projects. The main objectives of the project have in mind the safety of electricity supply to existing consumers and producers, but also ensuring the network connection capacity of all users. – Implementation of the asset data management subsystem by collecting, processing and validating technical and georeferenced data related to overhead and underground electricity distribution networks at all voltage levels from the entire coverage area of DEER.

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