Transelectrica | Romania Feed

Romania’s national power transmission company Transelectrica generated RON103 million net profit in the first quarter of 2024, up 29% from the year-earlier period, while operating revenues reached RON532 million, up 7%.

Romania's national grid company Transelectrica (TEL.RO), Abu Dhabi National Energy Company PJSC (TAQA), Meridiam, E-INFRA and Fluor have announced a strategic Memorandum of Understanding (MoU) for a feasibility study of a high-voltage direct current (HVDC) infrastructure project in Romania.

Romania's national grid company Transelectrica (TEL.RO) has announced in a stock market report on June 19 the distribution of the accounting profit left after deducting the profit tax on December 31, 2022 in the amount of nearly RON514.6 million.

Transelectrica (TEL.RO), the operator of the national energy transmission system, has signed a Grant Agreement worth around $1.1 million with the US government, represented by the United States Trade and Development Agency (USTDA) regarding the setting up of an Operational Security Center.

The first commercial exchanges with electricity with Ukraine and the Republic of Moldova, after the synchronization with the European network, will be carried out starting Thursday (June 30), on the interconnection with Romania, according to Romanian state-owned power grid operator Transelectrica (TEL.RO).