Delgaz Grid unveils 75 mln euro low-voltage network overhaul plan

Delgaz submitted funding requests for the low-voltage network overhaul projects, aiming to receive 286 million lei from the European Union's Modernisation Fund, the company said in a press release.

The main works proposed are the modernisation of around 466 km of low-voltage lines and their accompanying transformer equipment, the replacement of almost 100 transformers and about 7,700 non-conforming poles, and the installation of 4,500 SMART meters.

Funded by revenues from the auction of emission allowances from the EU’s Emissions Trading System, the Modernisation Fund assists ten EU countries with lower incomes in their transition to climate neutrality.

"98% of prosumers are connected to the low-voltage network, and in order to safely take in the energy produced by them, the modernization of the infrastructure is essential," Delgaz Grid general manager Cristian Secosan said.

Delgaz Grid has submitted 20 projects worth a total 3.3 billion lei so far, aiming to receive 2.6 billion lei in financing from the Modernisation Fund, as per the statement. These projects involve the modernisation of transformer stations as well as high, medium and low voltage networks, SMART metering, and increasing network capacity. Six of these projects, with a total value of 900 million lei, have already been approved to receive an overall funding of 700 million lei.

Delgaz Grid operates a natural gas network of 25,800 km in twenty counties and an 81,500 km electricity grid in six counties in northeastern Romania.

(1 euro=4.9771 lei)