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Enel invests over 700 million euros in next five years

Enel invests over 700 million euros in the Romanian electrical network in the next five years and it has started an execution programme in order to modernize the electrical network on 20 building sites in Bucharest, a company press release informs.

At present, there are ongoing retooling works on eleven 110 kV stations and complete modernization works are being carried out on 400 transformer points, as well as upgrading works on the medium and low voltage networks.

Approximately 50 percent of the electricity network in Bucharest is nearly half a century old, much of it has outdated equipment and an activity time span that has long been exceeded.

The company has intensified its electrical network modernization works, initiated in Bucharest and in Muntenia Sud with priority, under the 'Enel New Solutions' programme. The investment programme's strengthening is being carried out to prevent potential problems generated by the recorded electricity over-consumption, mainly during the summer.

The works will lead to a significant decrease in the number of cases and damage in the power supply, but also to an increase in the security level of the installations. Once the stations and transformer points in Bucharest are remotely controlled, the time of refuelling with electricity for the consumers affected by damage will be reduced by 50 percent.

Enel entered the Romanian energy market in 2005. The company allocated over 1.3 billion euros for the procurement of companies and investments in companies it owns in Banat, Dobrogea and Muntenia, serving 2.5 million customers in the three regions.

Sursa: http://www.agerpres.ro

Tags: works euros million

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