CEZ has expressed interest in modernization of plant in Romanian Galati

A tender for a strategic partner in the present plant modernization project and potentially for construction of new resources in the locality has been announced by the state-owned energy company Termoelectrica, which operates thermal power plants in Romania. CEZ Power Company has today submitted documents confirming fulfillment of entry conditions for the tender under its pre-qualifying round and expressed an interest in this project.

The installed capacity of the present plant in the area of SC Electrocentrale Galati SA reaches 535 MW (3x105 MW, 2x60 MW, 1x100 MW). SC Electrocentrale Galati SA is 100% owned by Termoelectrica.

CEZ Power Company has this week also expressed its interest in the strategic partnership in a new resource construction project in the area of Borzesti in Romania.

CEZ Group has been operating in Romania since 2005, when it acquired the distribution company Electrica Oltenia that has undergone unbundling, that is a separation of regulated electricity distribution activities from its sale. On March 15, 2007, selling company CEZ Vanzare (similar to CEZ Prodej in the Czech Republic) was detached from it, and the name of Electrica Oltenia was changed to CEZ Distributie. The company will be engaged only in the regulated electricity distribution activity. Last year, the operating profit of Electrica Oltenia grew year-on-yearly by 142 % to nearly two billion crowns.

Eva Novakova, Press Officer, CEZ, a. s.

2007. 6. 28.

CEZ has expressed interest in modernization of plant in Romanian Galati