Romania will call a tender for the construction of Tarnita-Lapustesti pumped-storage hydropower plant in February, a project worth an estimated 1.3 billion euro ($1.9 billion), Bucharest-based media reported on Tuesday.

The feasibility study and the tender documents will be completed in two or three weeks, financial daily Ziarul Financiar said.

Romania has already signed a memorandum with a Chinese company for the construction of the hydropower plant but is seeking other interested investors, the daily added.

"We have signed a memorandum withe a Chinese partner for its construction, but we respect the European transparency principle and this is why we tender the project. Besides the Chinese partner, other interested investors might come up, with the condition stated in the tender documents that Romania will not offer government guarantees," the daily quoted minister delegate for energy Constantin Nita as saying.

The pumped-storage hydropower plant, which will be located in the northwestern county of Cluj, will cover an area of 205 hectares. The construction works are estimated to last seven years, the daily added.

Source:SeeNews