Romania’s Cap City Needs EUR1B Invest For Electric Network Devt

Romania’s capital city Bucharest needs EUR1 billion investments in developing the electric networks in the next four or five years, due to increasing electric power consumption, director general with Romanian state-owned power grid Electrica Serban Tudor said Wednesday.The high electric power consumption is fueled by the development of the real estate sector.Tudor said the annual average electric power consumption annually increases by up to 100%, unlike a 3% or 4% hike countrywide. The ...

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