Untitled Document

EBRD approves loan for rehab of oldest hydro plant in Romania

The European Bank for Reconstruction and Development has approved a EUR110 million (USD153.7 million) loan to state-owned hydropower company S.C. Hidroelectrica for modernization work at the 50-year-old Stejarul Bicaz hydroelectric project in Romania.

The loan will finance the rehabilitation of six units at the 210-MW Stejarul Bicaz hydro project. The hydroelectric plant is the country's oldest, the bank reported.

The hydro project is located on the Bistrita River in north-eastern Romania.

The European Bank for Reconstruction and Development recently announced it is making its first investment in the renewable energy sector in Georgia with a loan to finance the construction of a hydropower plant in the south west of the country.

The EBRD and the International Finance Corporation (IFC), a member of the World Bank Group, are providing a USD115.5 million credit to Georgia-Urban Energy to co-finance the construction and operation of its 87-MW Paravani hydropower plant, news agencies reported.

For more hydropower news and information, click here

Latest Slideshow

Your Picture Here: Send Us Your Dam Selfie

View Slideshow >>

more slideshows >>   

Hydro Whitepapers

Hydro Industry Financials

Most Read Articles

Recent Comments

Continuing Education

Professional Development Hours
To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

04/01/2015
Volume 34, Issue 3
new1504HRcover
03/01/2015
Volume 23, Issue 2
1503HRWcover

Archived Articles

2006 | 2007 | 2008 | 2009 | 2010 2011 | 2012 | 2013
Hydro Review Past Issues

Buyers Guide Products

Zagorsk PSP, Russia

Zagorsk Pump Storage Plant 6 x 236 MVA, 150 rpm...

Buyers Guide Companies

Balluff GmbH

Offers sophisticated sensors, transducers, indu...

ThyssenKrupp Resource Technologies GmbH

Houghton International

High voltage (HV) coils manufacturers and suppl...

Scott Aerator Co LLC

Manufacturers of industrial grade de-icing equi...

Renewable Energy Corp Ltd

Designs, distributes and supplies wind, PV, hyb...