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Moldova hopes, with the support of the World Bank, to improve efficiency and modernize its national energy system, as well as to connect to the European energy market - Natalia Gavrilita.

Moldova hopes, with the support of the World Bank, to improve efficiency and modernize its national energy system, as well as to connect to the European energy market - Natalia Gavrilita.

The Prime Minister announced this at the meeting by a World Bank team led by Energy Manager for Europe and Central Asia Sudeshna Banerjee. The purpose of the visit of the WB representatives is to discuss the energy program of the World Bank and future programs to improve the efficiency and modernization of the national energy system. The World Bank team presented the energy projects currently being implemented in Moldova. This is a project for the development of the energy system, which is aimed at increasing the capacity and reliability of the electricity transmission system in Moldova by building a 400 kV overhead transmission line in the direction of Vulcanesti-Chisinau. The parties also discussed the preparation of the second phase of the project to improve the efficiency of the district heating system (SACET II) in Chisinau, which aims to optimize the operational and financial aspects of JSC Termoelectrica, as well as improve the quality and safety of district heating services provided to residents of Chisinau. “Currently there are many problems in the energy sector, we will prioritize projects to modernize infrastructure and improve energy efficiency, as well as to connect to the European energy market,” said Prime Minister Natalia Gavrilita.// 14.09.2021 — InfoMarket

News on the subject

The European Commission approved the allocation of a 36 million euros grant to Moldova within the framework of the Economic Recovery Plan for the country.
The European Commission approved the allocation of a 36 million euros grant to Moldova within the framework of the Economic Recovery Plan for the country.
In Moldova, social enterprises can be exempted from paying income tax and local fees.
In Moldova, social enterprises can be exempted from paying income tax and local fees.
Moldova’s internal public debt as of the end of August 2021 amounted to 33 billion 317.8 million lei, having decreased by 1 billion 015.8 million lei (-3%) relative to the previous month.
Moldova’s internal public debt as of the end of August 2021 amounted to 33 billion 317.8 million lei, having decreased by 1 billion 015.8 million lei (-3%) relative to the previous month.
Moldova plans to conclude a new Memorandum with the IMF by the end of 2021, as well as gain access to EU macro-financial assistance.
Moldova plans to conclude a new Memorandum with the IMF by the end of 2021, as well as gain access to EU macro-financial assistance.
In August 2021, the monthly inflation in Moldova amounted to 0.33%, the annual (over the last 12 months) - 4.64%, and in January-August of this year - 4.29%.
In August 2021, the monthly inflation in Moldova amounted to 0.33%, the annual (over the last 12 months) - 4.64%, and in January-August of this year - 4.29%.
In Moldova, a new mechanism of control and sanctions has been created for the heads of state power bodies controlled by the parliament: the NCFM, NAER, the Competition Council and others, and new grounds for their resignation have been stipulated.
In Moldova, a new mechanism of control and sanctions has been created for the heads of state power bodies controlled by the parliament: the NCFM, NAER, the Competition Council and others, and new grounds for their resignation have been stipulated.