The new power plant at Petromidia will have the most modern cogeneration technology and will provide the necessary electricity and technological steam for the Petromidia platform, according to the Minister of Energy, Virgil Popescu.

“We invest in the development of the energy system and, at the same time, in the modernization of local communities. One such project is that of the new cogeneration plant at Petromidia, which will be completed next year. Today the gas turbines were delivered, and the works on the site are advanced. The 80 MW power plant on the Petromidia platform will have the most modern cogeneration technology and will provide the necessary electricity and technological steam for the Petromidia platform,” the minister wrote on his Facebook page.

The new unit for the combined production of electricity and thermal energy is a project from the list of investments to be made by the Kazakh-Romanian Energy Investment Fund.

In the spring of this year, the Kazakh-Romanian Energy Investment Fund (FIEKR) announced that it had successfully concluded a syndicated loan in the total amount of 83 million euros to finance the construction of the new cogeneration plant on the Petromidia platform.