Prime Minister Victor Ponta said that the government will support all investment in developing and upgrading energy producers based on thermal, hydro and nuclear, context in which he welcomed the establishment of an Independent Power Producer (IPP) joint venture to build a 500 MW energy group at Rovinari.

“The government will support all investment in developing and upgrading energy producers, be them thermal, hydro and nuclear. But for this we need partners with financial and technological strength at high levels. I wanted to salute this project at Rovinari, which involves an investment of almost 1 billion dollars”, said Ponta, according to Agerpres.

The Prime Minister said that this investment, and other Romanian-Chinese projects to be implemented, will reach a 7 billion dollars figure.

“I was at Hunedoara Energy Complex with two ministers and we know how important it will be the refurbishment project – 270 million euros for the refurbishment of a Hunedoara Energy Complex group.I know how advanced is the project regarding the nuclear reactors 3 and 4 at Cernavodă, in which the selected Chinese investor will bring over 4 billion dollars. And I was glad to find out that we have many interested competitors for the hydro power plant at Tarniţa – a 1.5 billion dollars investment. If we add only these four investments in energy, we reach the figure of 7 billion dollars, which we announced as an investment objective in energy a year ago, in this room, along with Prime Minister of China, Mr. Li Keqiang”, Ponta said.