CEZ AS (BAACEZ.PR), a central European power company based in the Czech Republic, Thursday said it has won a tender to modernize existing power generation units in Romania and build new units there.
Financial detials will be released later, CEZ said, after the details of the project are agreed upon.
CEZ will build a new 400 megawatt natural gas-fired power plant in Galati and modernize the 535 megawatt power plant that already is in operation there.