Romania's power grid operatorTranselectrica [BSE:TEL] said on Wednesday it has
signed a contract worth 81.4 million lei ($25.2 million/18.5 million euro) for
the construction of a power interconnection line with Serbia.
The
400-kilovolt line, which will link Romania’s Resita and the Serbian town of
Pancevo, will have a total length of 131 kilometres, of which 63 kiliometres
will be in Romania, Transelectrica said in a statement.
Transelectrica
did not name the contractor.
The line is estimated to be put into
operation in 2015, it added.
The value of the contract does not include
value added tax.