The project, which represents one of the most significant recent investments in Hidroelectrica's energy infrastructure, was awarded to Electromontaj. 

The final value of the contract is €97.8 million excluding VAT. Subcontractors for the project include Elin Motoren, Voith Hydro, and Butan Grup.

The refurbishment of the three high-power pumping stations - Petrimanu, Jidoaia, and Lotru - is set to have a direct impact on increasing energy efficiency, operational flexibility, and the balancing capacity of the National Energy System (SEN). 

The project is designed to extend the lifespan of the pumping installations by at least 30 years, improve the performance of the electromechanical equipment and control systems, and integrate modern digital automation and control technologies compatible with the company's SCADA/EMS standards.

Bogdan Badea, CEO of Hidroelectrica, said: “From a strategic perspective, the refurbishment of these stations reinforces Hidroelectrica's role in the stability and resilience of the National Energy System, at a time when balancing renewable production is becoming essential for Romania's energy security.”

With an installed capacity portfolio exceeding 6.3 GW in hydropower plants, alongside the wind farm at Crucea, Hidroelectrica is contributing significantly to national energy security and the decarbonisation objectives set by EU policies. 

The company's 2025–2030 investment plan aims for the complete modernisation of its hydro-energy infrastructure, development of new renewable capacities—including hydro, solar, wind, and storage—and strengthening its regional position as an integrated green energy producer.