| Add RSS Feed

9 April 2008 - Romanian oil and gas producer Petrom has signed a contract with a consortium formed by General Electric and Metka of Greece, for the construction of a power plant at Brazi, Romania.

According to the contract, the consortium will build and deliver by September 2011, a gas fired combined cycle power plant. The value of the contract reportedly exceeds €400m ($63m).

Petrom and the consortium are continuing negotiations for the signing of a long-term maintenance contract for the power plant.

Around 20 per cent of the plant's capacity will be used for covering Petrom's own power consumption, while the rest will be sold on the Romanian power market. The plant will be located at its Petrobrazi refinery site.

According to Gerald Kappes, member of Petrom's executive board responsible for gas and power, Petrom shall become an important player on the electricity market because by 2012 it will ensure approximately 8-9 per cent of the electricity produced in Romania.

| Add RSS Feed

---

More Projects/Contracts Articles >

Search Archives >

Power Engineering Article Categories:

Business		Projects/Contracts
Industry News		Deregulation
Environmental		Русский язык
Power Generation Young Professionals		Honeywell Automation & Control Solutions
HoneyWell Press Releases		HoneyWell Product Information
Power Engineering International Current Issue Table of Contents
Power Engineering Current Issue Table of Contents
Potencia Current Issue Table of Contents
Nuclear Power International Current Issue Table of Contents
Middle East Energy Current Issue Table of Contents

---

Search Products Buyer's Guide >

Search Industry Jobs >

Magazine & E-Newsletter Subscriptions >