Romanian transmission network operator Transelectrica signed a financing contract worth EUR 56.2 million under the National Resilience Plan (NRRP), according to a report published on the BVB website.
The company signed the contract with the General Secretariat of the Government, which acts as reform and/or investment coordinator for the NRRP, Transelectrica said in a statement.
“The investment aims at the installation of photovoltaic plants and storage facilities in 29 electrical energy stations, at the refurbishment of the SMART SA subsidiary and the optimization of the communications network managed by the Teletrans subsidiary, and at creating a data centre,” Transelectrica said.
The company added that the modernisation works will address jams in Romania’s power grid, increasing its flexibility and allowing for the integration of additional renewable energy capacity. The digitization works will increase the electricity network’s capacity to respond to cyber-attacks.
