Romania's Transelectrica needs to invest over EUR 1 billion in the grid

Romania's Transelectrica needs to invest over EUR 1 billion in the grid, to enhance interconnections, remove backlogs and overhaul aging assets, said on Thursday Carmen Neagu, member in the supervisory board of the grid operator. Neagu said the Transelectrica plans to strengthen the Western inter-connection with Serbia, as well as the lines with neighboring Republic of Moldova. The grid operator is also planning an inter-connection ...

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