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Bogdan Badea, Hidroelectrica
There is a need for urgent cost optimization»

Tender close to 80 million Euro for retechnologization of Hidroelectrica's Vidraru plant

Hidroelectrica has launched an international public tender for the retechnologization of hydroelectric power plant Vidraru.

2018-02-20 14:06:24

The estimated value of the project reaches 78.98 million Euro (without VAT), to which can be added maximum 1.75 million Euro of unanticipated expenses, Business Review reads.

According to a release of the company, the works will be developed by the winning company for four years and eight months since the date of assignation. The final date of offers submission for the works acquisition for "Retechnologization AHE Vidraru" is May 15.

The main concerns of Hidroelectrica management are the investments, retechnologization and maintenance.

"It is a favourable moment for our company to make investments. The year 2017 was profitable and this beginning of the year is stable from structural point of view and financially consolidated. Our strategy focuses on the long-term development. The tender for the Vidraru retechnologization is just a first step in this strategy of company's consolidation and the implementation of a new business philosophy," said Bogdan Badea, president of the Hidroelectrica board.

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