Rețele Electrice Banat invests RON 70 million in energy infrastructure in Caras Severin

Business Forum
Rețele Electrice Banat has launched, through the computerized public procurement system, a procurement procedure for the modernization of medium and low voltage networks in Caras-Severin County. The total value of the tender is almost RON 70 million, while the value of the project is RON 74 million, of which RON 57.7 million will be provided by the Modernization Fund, a special fund aimed at improving the energy infrastructure and supporting the transition to a more efficient and sustainable distribution system.

"Investments in modernizing electricity grids are essential to give consumers the confidence that their electricity supply will be uninterrupted, regardless of extreme weather conditions. For us, the distribution operators, this means complex technical solutions - from moving infrastructure underground to fully digitizing the network so that faults are automatically detected and resolved. These upgrades not only increase the resilience of the grid, but also contribute to a more sustainable integration with the environment and the local community," stated Mihai Vangu, Director Rețele Electrice Banat.

This modernization project will contribute to a safer and more efficient electricity infrastructure, improving the quality of the electricity supply service and reducing the risk of accidents. In addition, investments in underground networks and the modernization of transformer substations will facilitate better management of energy consumption and help to reduce individual consumption and network losses.

The works will be carried out in Berzovia, Bocșa, Duleu, Remetea-Poganici and Valea Mare, with the support of local authorities and with a positive impact on consumers in these areas.

In Berzovia, the project will upgrade 59.6 km of 20 kV overhead lines and 6.2 km of low voltage overhead lines, a significant part of which will be undergrounded for greater safety and reliability. In addition, 21 transformer substations will be modernized, thus facilitating the implementation of a modern remote control and automation system for the network.

In the villages of Duleu, Remetea-Poganici, Valea Mare and Bocșa, the modernization works will also include the low-voltage network, improving the quality of electricity supply for 4,700 customers. These interventions will ensure more reliable distribution, reduce network losses and contribute to lowering the local carbon footprint.

The deadline to submit bids is October 22, 2024, with a contract duration of 42 months.

Rețele Electrice companies operate networks with a total length of  aproximately 134,000 kilometers in three important areas of the country: South Muntenia (including Bucharest), Banat and Dobrogea, covering a third of the local distribution market, and are developing an investment program to improve quality services, safety and performance of networks and local implementation of environmental standards of the PPC group. The electrical networks operated by the three companies Rețele Electrice count 289 transformer stations and over 25,000 transformer stations.

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Romanian economy shows signs of recovery in Q3
Economy

Romanian economy shows signs of recovery in Q3

Romania's economy delivered a mild upside surprise in the third quarter, with flash estimates pointing to 1.6% annual growth, above expectations. However, the economy still contracted by 0.2% versus the previous quarter. After nine months of 2025, the economy is 0.8% above the same period of 2024, according to a report by ING Bank Romania.

Real estate

MedLife reports 20% growth in first nine months

MedLife, Romania's largest private healthcare network, announced financial results for the first nine months of 2025. The group recorded consolidated pro-forma revenue of over RON 2.36 billion (€464 million), up 19.5% compared to the same period in 2024. EBITDA pro-forma increased by 20.4% compared to the first nine months of last year.

Finance

BID Romania joins €100 million fund for CEE growth companies

The Romanian Investment and Development Bank (BID) has committed €20 million to the Three Seas Initiative Innovation Fund, becoming the fifth national promotional institution to support the EIF-led investment vehicle targeting growth-stage companies across Central and Eastern Europe.

Industry

Digi Communications reports 16% revenue growth on nine months

Digi Communications has announced its Q3 2025 financial results, showing consolidated revenues of €561 million, up 14% compared to the same period last year. The telecom company achieved total revenues of €1.643 billion for the first nine months of 2025, representing a 16% increase year-on-year.

READ MORE
Business Forum  |  14 November, 2025 at 4:36 PM
Business Forum  |  14 November, 2025 at 2:47 PM