The Telegraph
Vimetco finalises bidding process for power plant
Edited by : AL CIRCLE
1 min read
Vimetco, the producer of processed aluminium products, has finalised the bidding process for the construction of its own power plant in Tulcea.
"We are focusing on increasing the efficiency of the operations, in order to have the most competitive cost structure, and to gain our independence in terms of raw materials", Gheorghe Dobra, Acting CEO Vimetco and Alum GM said.
Following the feasibility study conducted by Tractebel Engineering, seven companies have placed bids, among them, China Huadian Engineering, China National Electric Engineering, Consortium of Hyundai Engineering & Construction and Itochu Corporation & Hyundai Engineering & Construction Co, Metka S.A., Minmetals Engineering, Siemens and Sinohydro Corporation.
"On the operational side, we integrated the mining and the production of alumina, achieving an important cost reduction, but also securing the raw materials supply for our smelter in Slatina. We are committed toensuring the security of raw materials, electricity included, in order to be able to continue our developments plans in Romania and to further consolidate our aluminium production business here".
Vimetco is expected to announced the winning bid for the plant shortly.
"We are focusing on increasing the efficiency of the operations, in order to have the most competitive cost structure, and to gain our independence in terms of raw materials", Gheorghe Dobra, Acting CEO Vimetco and Alum GM said.
Following the feasibility study conducted by Tractebel Engineering, seven companies have placed bids, among them, China Huadian Engineering, China National Electric Engineering, Consortium of Hyundai Engineering & Construction and Itochu Corporation & Hyundai Engineering & Construction Co, Metka S.A., Minmetals Engineering, Siemens and Sinohydro Corporation.
"On the operational side, we integrated the mining and the production of alumina, achieving an important cost reduction, but also securing the raw materials supply for our smelter in Slatina. We are committed toensuring the security of raw materials, electricity included, in order to be able to continue our developments plans in Romania and to further consolidate our aluminium production business here".
Vimetco is expected to announced the winning bid for the plant shortly.
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