CORRECTED-US approves $130 million project to build power line in Moldova

CHISINAU, Sept 17 (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.

For years, Moldova depended on electricity produced in the separatist region of Transdniestria, which used Russian gas to generate it.

However, Chisinau stopped imports after Kyiv's refusal to extend the contract for the transit of Russian gas to Europe and Russian gas stopped flowing to Transdniestria.

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.