Romanian Hidroelectrica To Invest EUR18M In Wind Turbines

Romanian hydropower generator Hidroelectrica could invest some EUR18 million in the next years to set up wind turbines on its hydropower plants along the river Siret, company operational director Dragos Zachia said Thursday.

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"The first turbine could be installed as soon as next year," Zachia said.

The company operates five hydropower plants on Siret.

Furthermore, according to Zachia, Hidroelectrica will complete early 2011 the upgrade of its Ciunget Lotru plant, which has a capacity of 510 MW. The operation entailed an investment of up to EUR84 million.

Hidroelectrica expects an output of 18.5 TWh for this year. The company is owned by the Economy Ministry.

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