Romanian electricity producer Hidroelectrica refurbishes hydro power plant with EUR 78 mln

Romanian state-owned electricity producer Hidroelectrica wants to refurbish the Stejaru hydro power plant in the Pangarati village, in the northeastern Neamt county, with EUR 78 million (without VAT), according to an announcement posted on the Electronic System of Public Procurement (SEAP). The estimated value of works amounts to EUR 78.75 million (without VAT), EUR 8 million of which (without VAT) are for design, engineering and project management services and EUR 3.7 million (without VAT) for contingency fees, reports local Economica.net. The time limit for submitting or accessing the documents is January 12, 2015, while the deadline to submit tenders is January 20, 2015. Tenders will be opened on January 20, 2015. editor@romania-insider.com