Romania and Serbia to Launch Negotiations on Memorandum of Understanding for Đerdap 3 Hydropower Project

en.Wedoany.com Reported - The Romanian government informed Economica earlier this week that it is conducting an inter-ministerial assessment of the Đerdap 3 hydropower plant project and has expressed, in principle, full openness.

According to a Romanian government decision, a memorandum of understanding on the project highlights the strategic importance of Đerdap 3 in enhancing energy security, improving grid stability, and promoting the integration of renewable energy. Interim Prime Minister and Acting Energy Minister Ilie Bolojan has been designated to negotiate and sign the memorandum with Serbia.

The Đerdap 3 project will be located on the right bank of the Danube River in Serbia, upstream of the Đerdap 1 hydropower plant operated by Serbia's state-owned power company Elektroprivreda Srbije (EPS). The river forms the natural border between Serbia and Romania.

Documents show that the Romanian government aims to ensure that the new facility does not affect the power generation of the existing Đerdap 1 and Đerdap 2 hydropower plants, nor impact the country's cross-border projects with Bulgaria aimed at improving Danube navigation. These two existing facilities are shared by Romania and Serbia, known as Đerdap 1 and Đerdap 2 in Serbian, Iron Gate 1 and Iron Gate 2 in English, and Porțile de Fier 1 and Porțile de Fier 2 in Romanian, with installed capacities of 2.3 GW and 520 MW, respectively.

Earlier this month, the U.S. Embassy in Serbia revealed that the Serbian government had issued an open call to American companies, inviting them to express interest in participating in the implementation of the Đerdap 3 project.

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