Skip to main content

Marubeni and ELCEN will build a 250 MW gas-fired plant in Romania

Electrocentrale Bucuresti (ELCEN), the largest producer of heat in Romania (40%) and Bucharest (90%) and one of the main electricity suppliers in Romania, has signed a contract with Japanese group Marubeni to jointly develop a 250 MW gas-fired power plant in Fantanele (Mures county) in Transylvania (Romania). Marubeni will own 90% of the "Fantanele Gas Power" joint venture and will invest about €153m in the project, while ELCEN will own the remaining 10%. The plant will be built on the site of the former Fantanele thermal power plant (dismantled). Construction works will take 18 months and its commercial operations whould start in 2017.

Meanwhile, ELCEN has announced the creation of two companies: Electrocentrale Constanta and Electrocentrale Titan. Electrocentrale Constanta will group together the 85 MW Palas thermal power plant and heat networks serving the city of Constanta, while Electrocentrale Titan will group together the 8 MW Titan CHP plant and Fantanele thermal power plant. After splitting ELCEN will hold 4 power plants serving Bucharest: 550 MW Bucuresti Sud, 445 MW Bucuresti Vest, 100 MW Grozavesti and 200 MW Progresu. The company will remained owned by the Ministry of the Economy (97.51%) and Romgaz (2.49%). The Ministry of the Economy will own 100% of Electrocentrale Constanta and 28.8% of Electrocentrale Tita (Electrocentrale with 70.47% and Romgaz with 0.73%).

Global energy reports

Interested in Global Energy Research?

Enerdata's premium online information service provides up-to-date market reports on 110+ countries. The reports include valuable market data and analysis as well as a daily newsfeed, curated by our energy analysts, on the oil, gas, coal and power markets.

This user-friendly tool gives you the essentials about the domestic markets of your concern, including market structure, organisation, actors, projects and business perspectives.

Request a free trial Contact us