Moldova Actively Negotiates New Power Purchase Contracts
OREANDA-NEWS. January 27, 2014. According to Vice-premier, Economy minister Valeriu Lazar, Moldova sent purchase proposals to energy companies of Ukraine, to Moldovan Hydropower plant (Transdniestria) and to Romania. Romania has offered a lower selling price for power and the government of Moldova is actively negotiating the power supply with this country, Valeriu Lazar briefed to journalists.
Up to March 31 2014, Moldova purchases electricity from DTEK Vostokenergo (Ukraine), a member of DTEK holding, owned by well-known businessman Rinat Ahmetov, and from Moldovan Hydropower plant, which belongs to INTER RAU UES (Russia). Since April 1, 2012 the electricity price for Moldova has not changed, staying at 6.9 cents per kWh. Earlier, Minister of Economy of Moldova Valeriu Lazar announced Moldova's interest in importing power from Romania, where it is 15-20% cheaper than that bought from Moldovan Hydropower Plant and DTEK Vostokenergo, Ukraine.
As he said then, the technical obstacles for the import would be removed by equipping the Vulcanesti-Isaccea line with the back-to-back converter to synchronize technical parameters on both lines in order to broaden the inflow of power from Romania.
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