Headlines
US approves $130 million project to build power line in Moldova
Published by Global Banking and Finance Review
Posted on September 17, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on September 17, 2025
1 min readLast updated: January 21, 2026
The US has approved a $130 million project to build a power line in Moldova, enhancing its energy supply and creating opportunities for US firms.
CHISINAU (Reuters) -The U.S. has approved a $130 million project to construct a high voltage transmission line to ensure a reliable electricity supply to Moldova from European markets, the U.S. embassy in Moldova said on Wednesday.
Moldova depends on electricity produced in the separatist region of Transdniestria, which uses Russian gas for its production.
After Ukraine refused to extend the contract for the transit of Russian gas to Europe, Transdniestria sharply reduced its energy production and only resumed it after alternative supplies from Europe began.
The embassy said the project would create significant opportunities for U.S. firms by enabling Moldova to adopt and utilize U.S. technologies.
"It will unlock potential across multiple sectors, including transmission infrastructure, grid optimization technologies, information and communication technologies, nuclear power, and battery storage," it said on Facebook.
(Reporting by Alexander TanasWriting by Pavel PolityukEditing by Frances Kerry)
A high voltage transmission line is a power line that carries electricity at high voltages over long distances to reduce energy loss during transmission.
Energy infrastructure refers to the physical systems and facilities necessary for the production, transmission, and distribution of energy, including power plants, transmission lines, and substations.
Grid optimization technology involves advanced systems and software that improve the efficiency and reliability of electricity distribution networks.
Explore more articles in the Headlines category
