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Hidroelectrica awarded Siemens Energy a contract to supply seven 216 MVA transformers for the Porțile de Fier I hydropower plant in Romania, valued at approximately US$25.7 million.
Siemens Energy secured a $26 million contract from Hidroelectrica to supply seven 216 MVA, 15.75/242 kV high-voltage transformers for the modernization of the Porțile de Fier I hydropower plant in Romania.
Hidroelectrica, through its newly formed subsidiary Uzina de Construcții Mașini Hidroenergetice SRL, signed a contract to acquire the business of UCM Reșița, a manufacturer of hydroenergy equipment. The deal includes assets, know-how, contracts, and about 450 employees.