Economics

CONTRACT ON MODERNIZATION OF CHISINAU 330 KV POWER SUBSTATION HAS BEEN SIGNED – DEPUTY PREMIER SPINU

19 january, 2022

The Consolidated Unit for the Implementation and Monitoring of Energy Projects (UCIPE) and the consortium of three companies – Siemens Energy, ElectroMontaj and EnergoTech – have signed a contract on modernization of the Chisinau 330 kV power substation, Moldova's Deputy Premier, Minister of Infrastructure and Regional Development Andrei Spinu wrote in social networks, having called the event “a new important step in improvement of Moldova's energy system infrastructure”.

“The companies, selected through an international tender, will be responsible for the design, delivery and installation of equipment needed to modernize the substation. The cost of the contract is about 11.9 million euros. The planned implementation period is 2 years 8 months”, Spinu wrote.

According to him, the project will help connect the country's power system to the single European electricity market through the European Network of Transmission System Operators.

Eight companies Romania, Ukraine, Azerbaijan, India, Kazakhstan and China took part in the international tender, organized according to the procedures of the World Bank, which finances the project.

Works to modernize the 330 kV substation in Chisinau and to build a 400 kV Vulcanesti - Chisinau transmission line are carried out under the Project of Power System Development (PDSE), financed by the World Bank.

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