Project code: SMIS 352708
Beneficiary: Rompetrol Rafinare S.A.
Funding programme: Modernisation Fund – Key Programme 1: Renewable energy sources and energy storage
Institution: Ministry of Energy, in its capacity as the national authority responsible for the implementation and management of the funds allocated to Romania from the Modernisation Fund.
Beneficiary: Rompetrol Rafinare S.A.
Funding programme: Modernisation Fund – Key Programme 1: Renewable energy sources and energy storage
Institution: Ministry of Energy, in its capacity as the national authority responsible for the implementation and management of the funds allocated to Romania from the Modernisation Fund.
Project value and sources of financing
The total value of the Project is RON 44,427,077.33 including VAT, of which RON 36,748,097.00 excluding VAT.
- RON 13,892,834.34 represents the maximum amount financed through the Modernisation Fund;
- RON 30,534,242.99 represents the amount financed by the Beneficiary.
The project is financed under Key Programme 1 – Renewable Energy Sources and Energy Storage, through the call “Support for investments in new electricity generation capacities from renewable sources for self-consumption, related to the second call based on a competitive bidding procedure”, Call Code: PFM/527/PFM_P1/NA, in accordance with Financing Agreement no. 1709/10.09.2026.
Project location
The investment will be implemented within the Petromidia industrial platform, on land owned by Rompetrol Rafinare S.A., administratively located within the built-up area of Corbu Commune, Constanța County, and identified by Land Registry nos. 101923, 101924, 101925, 101927, 108696 and 101928. The land-use categories are “yards and buildings” and “yards, buildings and arable land”, and the plots form part of the Petromidia industrial platform.
Investment components
The project concerns the construction of a photovoltaic power plant for self-consumption, with an installed capacity of 9.4 MW, within the Petromidia industrial platform. The investment falls within the field of energy production from renewable sources and meets the objectives by contributing to the reduction of operating costs and the carbon footprint, as well as to the achievement of the energy transition objectives.
Main project activities
- A1. Activities carried out prior to the signing of the Financing Agreement
- A2. Conducting procurement procedures and concluding contracts for the implementation of the investment
- A3. Carrying out investment implementation activities
- A4. Carrying out project management activities
- A5. Carrying out financial audit activities
- A6. Carrying out project information and publicity activities
Completion Deadline: The project is to be implemented by 31 December 2028, in accordance with the deadline established for the funding call.
Project indicators
| Indicator code | Indicator Name | Target Value |
| FMS04 | Newly installed capacity for energy production from renewable wind, solar or hydropower sources | 9.400 MW |
| FMS06 | Average energy production from renewable sources | 9,844.906 MWh/year |
| FMS08 | Percentage of total renewable energy production estimated to be used for self-consumption | 100.000% |
| FMS09 | Power plant capacity factor | 11.960% |
| FMS05 | Reduction of greenhouse gases: estimated annual reduction in greenhouse gas emissions | 6,024.100 tonnes CO₂/year |
| FMS07 | Total energy production from renewable sources during the reference period | 196,898.120 MWh |
Contact details
Contact person: Project manager - Alina Fyodorova
Email: [email protected]
Email: [email protected]
Project information and publicity activities
- Creation of a dedicated web page
- Publication of the project announcement on the dedicated page
- Publication of the press release on the launch of the project in the written/online press
