Hidroelectrica signs 39 million euros contract for the rehabilitation of weirs at the Portile de Fier Dam

Hidroelectrica announces the signing of a contract for the structural rehabilitation of the weirs at the Portile de Fier I Spillway Dam, worth 39.2 million euros, excluding VAT.

The project has an initial estimated value of 40 million euros, excluding VAT, will be carried out over a period of approximately 7 years and aims to carry out the rehabilitation works of the safety structures related to the double-hook weirs at the Portile de Fier I Spillway Dam, an important objective for the safety and efficiency of the operation of the Portile de Fier I Hydropower System.

After evaluating the offers according to the award criterion “best quality-price ratio”, the offer submitted by DSD Noell GmbH was designated the winner, given that it best met the technical and financial requirements of the project.

“The signing of this contract represents an important step in the process of modernizing and maintaining the hydropower infrastructure in Romania. The Portile de Fier I spillway dam plays an essential role in managing the country’s hydroelectric resources, and the rehabilitation works will contribute to increasing the reliability and operational safety of the spillway dam and the efficiency of the installations. These investments are an integral part of Hidroelectrica’s strategy to ensure the optimal and sustainable operation of hydropower units, in an increasingly challenging economic and ecological environment,” said Karoly Borbely, CEO of the company.