OREANDA-NEWS. March 01, 2013. He directed to sign the contract to Vice-premier, Minister of Economy Valeriu Lazar. The Premier noted sitting that the validity of the current power supply contract expires on April, 1, 2013 and the new contract has to be signed in time.

The premier directed Valeriu Lazar to ensure creation of all prerequisites for the contract to be signed and tariffs for electricity to be kept. Moldova purchases power from DTK Power-Trade, a member of DTEK, the largest Ukrainian private energy producer and from the Moldovan Hydro Power Plant, located in Transdniestria and owned by Inter RAO UES.

Since April, 1, 2012 Moldova has bought the power at 6.9. cents per kWh. It used to buy it at 6.1 cents per kWH. The contract between Energocom and DTEK Power Trade provides monthly deliveries of power enough to meet in full needs in electricity for RED-Nord и RED Nord-Vest electricity distribution networks of Moldova.

The Moldovan Hydro Power plant supplies electricity to RED Union Fenosa to meet needs of consumers of central and southern regions of Moldova.