Romanian-owned Tinmar Ind, the largest private electricity supplier, is therefore losing a major customer even though it did participate in the tender held by the carmaker.

“As of July 1, the electricity supplier of the Renault Romania group, the main carmaker in Romania, is CEZ Vanzare,” CEZ Vanzare officials announced on Monday. CEZ Vanzare is part of CEZ Romania, which supplies power to 1.4 million consumers in Oltenia (a region in the south of the country). The contract with Renault will have it supply power to the Dacia plant and to Renault Technologie Roumanie’s center in Titu, near Bucharest.

“CEZ Vanzare added to its 1.4 million customer portfolio a strategic partner through the nature and scope of its operations in Romania: Renault Romania Group with its two main sites – the Dacia plants and the Renault Technologie Roumanie center in Titu.”

The estimated consumption of Dacia stands at about 304 GWh/year, CEZ Vanzari officials said.

The two companies did not say how high the price per MWh was, but if taking into account an average of 300 lei (EUR67), all taxes included, the CEZ-Dacia contract might be worth about EUR20 million.

The contract is valid for one year, CEZ officials said. (EUR1=RON4.4942)

(English version by Loredana Fratila-Cristescu)