Valea Jiului Energy Complex, financed with 50 million lei

Date: 
September 25, 2023

 

The Ministry of Energy initiates two Government Decisions by which 50 million lei are allocated from the Budgetary Reserve Fund at the disposal of the Prime Minister for the financing of the new company Complexul Energetic Valea Jiului and by which a Service of General Economic Interest is established for activities of safety in mines and coal mining in Valea Jiului.

 

According to a press release from the institution, for the provision of the public interest service by Societatea Complexul Energetic Valea Jiului SA, in the remaining months of 2023, compensation in the amount of 65.8 million lei will be granted, fully borne from the state budget , through the budget of the Ministry of Energy, in order to support the costs of the units in the closing process, costs that are not related to current production.

 

Valea Jiului SA Energy Complex will in the next period take over the functional assets of Hunedoara Energy Complex SA and the 2,000 miners and staff from Hunedoara Energy Complex will be employed in the new Complex. Moreover, the company's representatives are holding discussions with potential investors in green energy, in order to diversify energy production activities in the area and ensure new jobs and a decent standard of living for the inhabitants of Valea Jiului, states the Ministry of Energy.

 

 

"Promise kept: we ensure the present and shape the future for Valea Jiului. We tried to speed up a series of steps, where we noticed delays. Our goal is to leave no one behind. The two Government Decisions are living proof of the continuation of mining and the granting of a new perspective in Valea Jiului. The area has a future, we are looking for potential investors in green energy, in order to diversify energy production activities and ensure new jobs and a decent standard of living for all the inhabitants of Valea Jiului", said Sebastian Burduja, Minister of Energy.

 

These amounts will be followed by approximately 300 million lei granted for rectification, which will support coal-based energy production activities, making mines safe and preparing for the transition to other energy production sources in the area.

 

Source: energynomics.ro