Rovinari Picks China’s Huadian to Build Power Plant, Bursa Says

Complexul Energetic Rovinari SA, a state-owned Romanian electricity company, selected China Huadian Engineering Co. to build a 500-megawatt coal-fired plant, Bursa reported, citing unidentified company officials.

Rovinari and the Chinese company will negotiate a memorandum of understanding by the end of June on the 1 billion-euro ($1.3 billion) project and the plant is likely to be functional at the end of 2015, according to the newspaper.

To contact the reporter on this story: Irina Savu in Bucharest at isavu@bloomberg.net.

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.