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The second tranche of the PNRR. Romania will benefit from almost ten billion euros

Sinfa by Sinfa
April 18, 2023
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The second tranche of the PNRR.  Romania will benefit from almost ten billion euros

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In this way, together with the pre-financing and the first tranche of the PNRR, Romania will benefit cumulatively from payments of almost ten billion euros from this important European financing resource, informs the Ministry of European Investments and Projects.

Since the beginning of the implementation of the plan, more than 8,500 contracts have already been signed with PNRR beneficiaries, worth 11 billion euros.

The dialogue for the clarification of the necessary conditions for considering milestones 129 and 133 as having been fully met, in relation to the findings of the Audit Authorities, concerns the value of 143 million euros, related to the two milestones.

In accordance with the provisions of European Regulation 241/2021, the payment related to the second installment can be made for the amount of 2.67 billion euros, with the difference of 143 million euros to be made after the completion of the procedure for clarifying the terms of fulfillment of the conditions specific to milestones 129 and 133, within a maximum period of 6 months.

In this sense, Romania has already developed an action plan, which includes the following stages:

• For Milestone 129, Signing of contracts for the construction of a capacity of new electrolyzers of at least 100 MW – Responsible Ministry of Energy

1 – Obtaining binding comfort letters from all beneficiaries with whom financing contracts were signed;
2 – The reallocation from the PNRR or the allocation from the state budget of the budget necessary to conclude the financing contracts with the 2 potential beneficiaries who no longer fit into the budget of the green hydrogen production call;
3 – The conclusion of financing contracts (with the existence of binding comfort letters) and with the 2 potential beneficiaries who no longer fit into the budget of the green hydrogen production call;
4- Carrying out the follow-up audit by the Audit Authority and resolving any new or outstanding findings by the Ministry of Energy;
5 – Transmission by MIPE to the European Commission of information and data related to the fulfillment of the commission’s observations.

• For Milestone 133, Signing of contracts for high-efficiency cogeneration projects on gas and central heating – Responsible Ministry of Energy

1 – Obtaining binding comfort letters from all beneficiaries with whom financing contracts were signed,
2 – Confirmation of the existence of a land free of encumbrances for the realization of the CHP project from the financing contract concluded between the Ministry of Energy and Constanța City Hall;
3 – The conclusion of the financing contract (with the exact observance of the provisions of the Applicant’s Guide) with the City Hall of the City of Craiova;
4- Carrying out the follow-up audit by the Audit Authority and resolving any new or outstanding findings by the Ministry of Energy;
5 – Transmission by MIPE to the European Commission of information and data related to the fulfillment of the commission’s observations.

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