The National Transport Company of Electric Energy Transelectrica ”pays more attention to the charts for the investments of the modernization of the electrical installations,” reveals a company release. In this regard, Cătălin Nițu, the President of the Board of Directors, and Bogdan Marcu, a member of the Board of Directors, verified on February 14, 2020 the works of replacing an autotransformer from the Electric Transformation Station 220/110/20 kV Târgoviște, an investment of modernization of over one million euro.

“The implementation of the investment and maintenance programs is the main priority of the company, and in this regard, we have intensified the monitoring and verification measures of all the works in progress. Our objective is to stimulate investments, to accelerate the processes that lag behind. Making investments means, in the long term, both the operational safety of the Electricity Transport Network, as well as sustainability and predictability for the company, which represents a fair behavior not only for the company, but also for the shareholders and investors,” said Cătălin Nițu, the president of the Transelectrica Directorate.

Replacement work for the 3 transformer from the Electric Transformation Station 220/110/20 kV Târgoviște, that started in August 2018, will be completed next week and will consist of replacing an old transformer unit, with an outdated technology, with an modern transformation unit, designed and manufactured according to the latest standards in the field.

The project has a value of 1.06 million euro, financed from the company’s own funds and is executed by the venture of Retrasib SA and Electromontaj Sucursala Craiova. At this time, the project is in the final stage of integration into the new control system and will come online next week.