The National Electricity Transmission Company Transelectrica and Georgian State Electrosystem JSC (GSE), the transmission and system operators of Romania and Georgia, respectively, signed on Wednesday, February 4, 2026, in Bucharest, a Memorandum of Understanding on the cooperation for the development of the Georgia – Romania Black Sea Submarine Cable Interconnection Project, which has reached an advanced stage.
The signing of the Memorandum marks a new stage in the evolution of the project, which has already completed the feasibility studies phase, is included in the ENTSO-E Ten-Year Network Development Plans (TYNDP) for 2022 and 2024 and is promoted for inclusion in the 2026 TYNDP edition. In December 2025, the project was included in the list of Projects of Mutual Interest (PMI) of the European Union.
The document signed in Bucharest establishes the framework for cooperation between Transelectrica and GSE for the preparation and advancement of the high-voltage direct current (HVDC) interconnection project between Georgia and Romania, by coordinating planning activities, technical studies, marine studies, environmental and social assessments, financing and institutional representation at European and international level.
“The signing of this Memorandum reflects the maturity and significant progress recorded by the Black Sea Submarine Cable Project, as well as Transelectrica’s firm commitment to actively contribute to the development of a strategic energy infrastructure for the region. The close collaboration with Georgian State Electrosystem strengthens Romania’s role as a regional energy hub and supports European objectives regarding energy security, market integration and the transition to green energy”, stated Ștefăniță Munteanu, CEO of the National Electricity Transmission Company Transelectrica SA.
The Black Sea Submarine Cable Project is being developed in accordance with the Strategic Partnership Agreement in the field of green energy, signed in December 2022 by the governments of Azerbaijan, Georgia, Romania and Hungary, and has the potential to significantly contribute to increasing energy security, diversifying electricity transmission routes and integrating renewable sources in the Black Sea region and the European Union.
Through this initiative, Transelectrica reaffirms its commitment to regional cooperation, developing critical electricity transmission infrastructure and strengthening Romania’s position in the European energy architecture.