Construction of the Iernut power plant blocked by GEO 114/2018, says Romgaz

HomeTopicsEnergyConstruction of the Iernut power plant blocked by GEO 114/2018, says Romgaz

Construction of the Iernut power plant blocked by GEO 114/2018, says Romgaz

Published on

August 19, 2019

The project of the gas plant that Romgaz is building in Iernut is blocked at the moment, due to the provisions of GEO 114/2018 regarding the increase of salaries in construction, said Adrian Volintiru, CEO of Romgaz, e-nergia.ro reads.

According to Volintiru, Romgaz will have to pay additional costs to those who carry out the construction works, but neither these companies have an updated situation.

In 2016, the national gas producer, Romgaz, signed a contract worth 268 million Euro, excluding VAT, with the companies Duro Felguera and Romelectro, for the development of a new power plant for the production of electricity within the Iernut power plant. The plant should have been used by the beginning of 2020, according to the initial plans.

Post Views: 3,138

Search for an article

Eturia exceeds 20 million euros in sales in the first half of the year, tourist numbers up by nearly 29 percent

OMV Petrom and Renovatio secure 47 million euros financing for CEE Onești wind project

80% of young Romanians cannot afford to own a home. Cost of living remains their biggest concern, followed by political instability and corruption

Otokar begins deliveries of the first Romanian-built Cobra II Vehicles to the Romanian Armed Forces

Eturia exceeds 20 million euros in sales in the first half of the year, tourist numbers up by nearly 29 percent

OMV Petrom and Renovatio secure 47 million euros financing for CEE Onești wind project

80% of young Romanians cannot afford to own a home. Cost of living remains their biggest concern, followed by political instability and corruption

Otokar begins deliveries of the first Romanian-built Cobra II Vehicles to the Romanian Armed Forces

80% of young Romanians cannot afford to own a home. Cost of living remains their biggest concern, followed by political instability and corruption

INTERVIEW Mihaela Melenciuc, Adrem: “Young professionals today are looking for meaningful work, learning opportunities, flexibility, and the feeling that what they do truly matters”

Colliers: Romania continues its evolution towards becoming one of Europe’s most attractive industrial hubs. Nearly 9 in 10 counties rank among the top regions...

EY: Evolution of the Romanian M&A market in the first half of 2026