Brief: Duro Felguera Agrees With Romgaz To Complete Works On Iernut Combined Cycle Power Plant
11/05/2023 06:18
May 11 (Reuters) - Duro Felguera SA MDF.MC :
* SAID ON WEDNESDAY IT SIGNED TWO AGREEMENTS WITH THE
ROMANIAN
NATURAL GAS AND ELECTRICITY PRODUCER ROMGAZ TO COMPLETE WORKS ON
THE IERNUT COMBINED CYCLE POWER PLANT
* FIRST CONCERNS AGREED SETTLEMENT OF ORIGINAL CONTRACT
SIGNED BY
ROMGAZ AND CONSORTIUM FORMED BY DURO FELGUERA AND ROMANIAN
ROMELECTRO AND MUTUAL WAIVER OF ANY CLAIMS RELATING TO THAT
CONTRACT
* SECOND AGREEMENT IS CONTRACT FOR EXECUTION OF WORKS
NECESSARY
FOR COMPLETION OF COMBINED CYCLE POWER PLANT FOR AN AMOUNT OF
345 MLN LEI (ABOUT 69.8 MLN EUROS), WHICH WILL BE EXECUTED
ENTIRELY BY DURO FELGUERA WITH A COMPLETION PERIOD OF 16 MONTHS
FROM THE DATE OF THE ORDER TO START THE WORKS
* WORKS ARE EXPECTED TO START IN THE SECOND QUARTER OF THIS
YEAR
Source text for Eikon: urn:newsml:reuters.com:*:nCNMc2hKTK
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