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AwardedRomaniaWorks€193,347,753

RETEHNOLOGIZARE C.H.E. RAUL-MARE RETEZAT

Published
Published 22 September 2025
Deadline
Closed 10 December 2025

Overview

SPEEH Hidroelectrica SA has awarded a retechnologization contract for the Râul-Mare Retezat hydroelectric power plant to Andritz Hydro GmbH and COBRA Instalaciones y Servicios S.A. for EUR 188,450,878.58 (completed May 2026). The project encompasses modernization works including generator upgrades to increase capacity from 167.5 MW to at least 181 MW, cost optimization, improved system service revenues, infrastructure safety improvements, environmental impact reduction, and lifecycle extension in compliance with current legislation.

Key details

Country
Romania
Status
Awarded
Category
Works
Estimated value
€193,347,753
Procedure
Open
Published
22 September 2025
Deadline
Closed
Classification (CPV)
Electric motors, generators and transformersElectricity distribution and control apparatusSurveillance and security systems and devicesHydraulic turbinesScada or equivalent systemHydro-electric plant construction workFabrication workPlant upgrade work+4 more

Award outcome

Awarded value
€188,450,879
Award date
21 May 2026
Contract period
— → 19 April 2032
Winners
  • Andritz Hydro GmbH
  • COBRA INSTALACIONES Y SERVICIOS S.A.

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Notice history

Every published notice in this contracting process, newest first.

  1. Contract Award Notice

    12 June 2026

  2. Contract Award Notice

    9 June 2026

  3. Contract Notice

    15 October 2025

  4. Contract Notice

    13 October 2025

  5. Contract Notice

    22 September 2025

Contracting authority

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Awarded: RETEHNOLOGIZARE C.H.E. RAUL-MARE RETEZAT — won by Andritz Hydro GmbH +1 — Skim