Romania’s Electromontaj joins EUR 1.75 bln project to modernize, expand Netherlands’ power grid

Romania's Electromontaj signed a 10-year partnership with TenneT BV, the electricity transmission operator in the Netherlands. The collaboration, which includes the participation of three other international companies, will see the construction of 400 km of new high-voltage lines and the modernization of 600 km of existing lines, with a total project value of EUR 1.75 billion.

The agreement is part of TenneT's efforts to modernize the Dutch energy infrastructure, aiming to increase grid capacity by at least 30%. Over the next decade, TenneT plans to both upgrade approximately 600 km of current lines and build an additional 400 km of new high-voltage lines, which would triple the volume of ongoing work.