The Romanian Government approved on March 20 2014 the creation of a joint Romanian-Bulgarian project company, which will supervise the development of a new hydro-power station on the Danube, near the opposite towns of Nikopol and Turnu Magurele, according to a memorandum.
According to a preliminary evaluation, the station will produce 400 MW, which the Romanian government says will increase the country’s energy security and decrease dependency from imports.
Moreover, reads the memorandum quoted by Mediafax, the station could also become a new terrestrial and railway connection between Romania and Bulgaria. At the same time, another benefit of such a project would be regulating the Danube flow by building dams and conducting drain works, which will result in an increased protection of the local population against floods.
For the full story, please click here.