Out of the total amount, some EUR 58 mln will be invested to modernize natural gas distribution networks, Delgaz Grid said in a press release. Also, some EUR 67 mln will be invested to upgrade the electricity network. During 2021, Delgaz aims to install 22,000 smart electric meters.

Thus, over 22% of the company's customers connected to its electricity network will have smart meters installed by the end of the year. Delgaz Grid operates a natural gas network of over 22,650 km (14,074 mile) and an 81,900 km electricity grid in northern Romania.