Five firms have filed preliminary, non-binding bids for the construction of a 1,000MW hydropower plant in Romania.

Reuters cited the state-owned project company Hidro Tarnita as saying that the names of the short-listed firms will be revealed later.

The plant, which is expected to cost more than $1.1bn, will feature four reversible pump-turbines of 250MW each, reports SeeNews Renewables.

A study by consultancy A.T. Kearney and Fondul Proprietatea shows that over the next ten years, demand for electricity is likely to grow by less than 1%.