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Romania resumes negociations with China Huadian for Rovinari Power Plant

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Romania officially resumes talks with China Huadian Engineering to build a new 600 MW power plant in Rovinari, within the Oltenia Energy Complex (CEO), the Energy Ministry announced in a press release on Wednesday, romaniajournal.ro reads.

”Discussions with the Chinese partners had entered a pace that did not seem to advance in the spirit in which the parties agreed. Negotiating teams had the last meeting almost a year ago, because all this time, the only discussions were carried out only by correspondence. I have asked both the CEO and the ministry committee to look at the main points where the parties have not yet agreed and to organise this meeting in Bucharest to set an accelerated timetable for negotiations,” Energy Minister, Toma Petcu said, after a working meeting with a delegation led by Jiang Fangshuai, Vice President Huadian Engineering.

The minister said he wants the negotiations over the Rovinari thermal plant to be completed by the end of this year, so the investment can begin. Petcu says he has asked the Chinese company a meeting since early this year, but because of some management changes within China Huadian Engineering, this was not possible earlier.

At the same time, Petcu had a meeting with China Ambassador Xu Feihong, where they discussed about the strategic energy projects in which Romania and China are partners.

”Both Romania and China want the negotiations over the construction of Cernavoda 3 and 4 units to be completed by this year-end. The discussion also included a common approach to speeding up the negotiations on the Rovinari thermal power plant as well as China’s interest in resuming talks on the Tarnita plant,” the release reads.

Energy Complex Oltenia, one of the largest energy producers in the country, has planned investments of RON 630 million this year, of which 48 percent of the investment program has already been made in the first half of the year, Sorin Boza, GM of the state-owned company said last July.

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