Romania Transelectrica Sees Power Consumption Rising 2% In 2011

Romanian power consumption is likely to grow by around 2% to 54.8 TWh in 2011, aided by increase demand in industry, the head of state-run power grid operator Transelectrica (TEL.RO) told MEDIAFAX.

25 views

"Electricity consumption is estimated to reach 54.8 TWh in 2011, from 53.8 TWh a year earlier, boosted by growths in industry and services," Stelian Gal said.

Earlier January, Transelectrica officials said Romanian power consumption increased by 4.7% in 2010, after a decline of 8.2% in 2009.

Transelectrica is 73.64% owned by the Ministry of Economy, while investment fund Fondul Proprietatea owns 13.5% of the company's shares.

On the Bucharest bourse Wednesday morning, Transelectrica traded flat at RON21 a share.

If you liked this story, please follow MEDIAFAX.RO on FACEBOOK »

The content of mediafax.ro is for your information only. Republishing or using this content is forbidden without express consent of MEDIAFAX. For this consent, please ask for it by mail at vanzari@mediafax.ro.