EBRD will offer our country a loan worth 30 million euros for the interconnection of the electricity networks between the Republic of Moldova and Romania
The European Bank for Reconstruction and Development (EBRD) will offer our country a loan worth 30 million euros for the interconnection of electricity networks between the Republic of Moldova and Romania. A draft decision that provides for the initiation of negotiations in this regard was approved today by the Government.
The project provides for the construction of the overhead power line that will interconnect the municipality of Balti and the municipality of Suceava, which has reached the second phase of the works. According to the Minister of Energy, Victor Parlicov, with the construction of this line, our country will be much more stable in terms of energy and will no longer depend so much on what happens on the left side of the Nistru or in Ukraine.
"The contracting procedure for the company that will make the specification for our part, such as Romania, has already been started. We, in discussions with the Romanian side, have established the year 2027-2028 as the deadline for which we and they are aiming to put this line into operation", declared Victor Parlicov.
Some components of the project will be financed from the money provided by the EBRD. It is about the construction of the Bălți-Suceava electric transmission line, the construction of an electrical station in Bălți, but also the rehabilitation of the internal energy transport networks of the Republic of Moldova.
We remind you that in 2017, the Project "Interconnection of electricity networks between the Republic of Moldova and Romania, Phase I" was launched, which aims at the construction of the Vulcăneşti-Chisinau high-voltage power line.
