The Republic of Moldova will receive a grant of 15.4 million euros for co-financing the construction of an air line with a voltage of 400 kV Balti-Suchav, the second stage of the project to combine electric networks between our country and Romania.
The Grant Agreement was signed on Thursday, February 6, Prime Minister Dorin Republic, the head of the representative office of the European Bank for Reconstruction and Development (EBRD) in the Republic of Moldova Katarina Bjorlin Hansen and the acting General Director of MoldEleCtrica Sergiu Aparat, Moldipreza reports. < /p>
Support provided by the EBRD is 20 percent co-financing of the air transmission of 400 kV Beltz-Suchava.
Financial tools will also be used to reconstruct the national power network by replacing outdated equipment.
The head of the Cabinet of Ministers emphasized the importance of access to the European energy markets, noting that the support of the European Union helps the Republic of Moldova to avoid “energy blackmail” from the Russian Federation and strengthen its energy security.
“Today we have light and heat thanks to our partners and the fact that for 4 years the government took active, strategic steps that freed us from blackmail and dependence. This additional agreement provides for the provision of free financial resources for the construction of communication lines with Romania and ensuring independent supplies of electricity from the European market, as well as to ensure that we can no longer blackmail us, ”said Richan.
In turn, the head of the EBRD representative office in the Republic of Moldova Katarina Bjorlin Hansen noted that the help of the European Bank will strengthen the government’s efforts to diversify energy resources: “This is a project that will help the Republic of Moldova build a safe and reliable power supply system.”
The total cost of the project to unite electric networks between the Republic of Moldova and Romania, which is currently at the second stage, is 77 million euros.
Earlier, the EBRD and the European Investment Bank allocated 30.8 million euros for its implementation by December 2027.