Description
The project aims to capitalize on the hydropower potential in the Somes–Tisa area by investing in the development of the Mara hydropower. The project will contribute to the development of the area by creating jobs throughout its implementation. The project will be implemented in Somes–Tisa area, in Desesti - Giulesti, Maramures County, Romania. This is a location with multiple advantages. The geographic area is rich in terms of rainfall. It also has a high hydropower potential, with many plants operating in the region, most of them dating before 1989. Furthermore, the main stream is favourable to small power hydro energetic arrangements. The project will be implemented with an Icelandic partner, in a project based association between Landsvirkjun Power and Verkis. These two companies have extensive expertise on this kind of project. The Partners’ responsibility, as stated in the Partnership Agreement, is to provide technical assistance for the project implementation, especially in the start-up phase, with focus on the final project design, technical solution and purchase of technology.
Summary of project results
The project/contract has been terminated prior to any reimbursement, hence no result has been achieved.
Summary of bilateral results
No result has been achieved.