"Romania, Turkey lay underwater cable to interconnect energy systems
Mihai Istrate
Cable will be laid at a maximum depth of one kilometer under the surface of the Black Sea and will allow Romania to export and import electricity from Turkey.
Our estimates show that the project will require total funds of 300 million euros,' said Razvan Purdial, manager of the International Cooperation and Capital Market department of the local energy distributor Transelectrica. The project includes both the cable and two conversion stations with construction works targeted to finish in 2009. "
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