The memorandum was put forward by Bucharest mayor Sorin Oprescu and Finance Minister Daniel Chitoiu. The document needs the approval of the Finance Ministry and of the Government.
According to the memorandum, Bucharest authorities want to create an integrated thermal power supply system by entirely taking over ELCEN.
Bucharest has a power supply system, which is not integrated and does not belong entirely to the city. It is operated by ELCEN, which runs five heating producer units, and heating distributor RADET, reads the document.