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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

 

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Romania's Romgaz expects to complete 430MW power plant at Iernut at the end of 2022

Romanian state-controlled natural gas company Romgaz is analyzing the possibility of concluding a new contract with the consortium formed by Romelectro and Duro Felguera for the completion of the Iernut power plant (430MW), Romgaz's general manager, Aristotel Jude, told lawmakers on October 12.

The plant could play a vital role in the decarbonization strategy, among others inked in the Recovery and Resilience Plan (PNRR). But according to Jude, the plant will be ready only by the end of next year - three years later than initially planned, according to Adevarul.

Romgaz has officially terminated in April the contract for developing the Iernut gas-fired power plant, signed in 2016. Initially scheduled for completion by the end of 2019, the plant is not yet ready.

Romgaz hired the contractor to build a modern gas-fired plant for EUR 260 mln on the location of the Iernut power plant taken over from thermal power group Elcen in exchange for RON 658 mln (EUR 146 mln) worth of debt.

andrei@romania-insider.com

(Photo source: Facebook/Romgaz)

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

 

BSE

 

 

Romania's Romgaz expects to complete 430MW power plant at Iernut at the end of 2022

Romanian state-controlled natural gas company Romgaz is analyzing the possibility of concluding a new contract with the consortium formed by Romelectro and Duro Felguera for the completion of the Iernut power plant (430MW), Romgaz's general manager, Aristotel Jude, told lawmakers on October 12.

The plant could play a vital role in the decarbonization strategy, among others inked in the Recovery and Resilience Plan (PNRR). But according to Jude, the plant will be ready only by the end of next year - three years later than initially planned, according to Adevarul.

Romgaz has officially terminated in April the contract for developing the Iernut gas-fired power plant, signed in 2016. Initially scheduled for completion by the end of 2019, the plant is not yet ready.

Romgaz hired the contractor to build a modern gas-fired plant for EUR 260 mln on the location of the Iernut power plant taken over from thermal power group Elcen in exchange for RON 658 mln (EUR 146 mln) worth of debt.

andrei@romania-insider.com

(Photo source: Facebook/Romgaz)

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