Director of Termoelectrica enterprise says modernization of energy blocks has no impact on tariff for thermal energy in Moldova

Chisinau, 28 July /MOLDPRES/ - The Termoelectrica enterprise will not increase the tariff for the thermal energy.
The enterprise’s director general, Veaceslav Eni, says that the speculations on the fact that the modernization of Termoelectrica energy blocks would lead to an eventual rise in the tariff for the thermal energy delivered to consumers were groundless.
The Termoelectrica head on 27 July participated in a meeting of the Chisinau Municipal Council (CMC), where he made more clarifications as to the contract on modernization of the energy block No1 and the project on modernization of the energy block No 2 of the Thermal Power Station Source I.
According to Eni, the need to modernize the energy blocks at the Source I was dictated by the expiration of the term of their inoffensive exploitation and the tender procedures as to the modernization of the energy bloc No 1 were carried out with the observance of the legal provisions. ‘’Termoelectrica, having its accounts blocked, in the lack of financial sources needed for making such an investment, identified a solution proposed to the government. We implemented an ESCO-type project, which envisaged the investment, according to the tender book, at the expense of the investor, with the payment of the cost by us on the period of the investment’s recovery,’’ Eni noted.  
As for the speculations alleging that these investments will lead to an eventual increase in the tariff for thermal energy supplied to consumers, the Termoelectrica director general denied the information.  ‘’On 7 July, we appealed to the National Energy Regulatory Agency (ANRE) where, under the methodology, we presented the draft calculation of the energy for electric energy produced and for thermal energy. There will be no impact on the tariff, as we will recover the investments from optimizations, taking into account that we are regulated by ANRE,’’ Veaceslav Eni also said.      
The official specified that, starting from 2015, all investments made by Termoelectrica had led to savings, energy optimization and did not allow the increase in the tariff; at the same time, on this period, decision-makers managed to pay about one billion lei from the historical debt for natural gas.
The present tariff of one Gcal is of 1,122 lei.   
photo: newsmaker.md