The contract, which will run for three years, is among the most valuable to be put up for auction by a state-run company. The announcement specifies though that the works will be done through a supplier credit, i.e. the company that will win the auction will pay for the work and be repaid later by the state-run company. Company representatives have not provided comments on the subject.

Several local companies have done such works for thermal power stations in Romania and abroad. The largest such companies are Romelectro and Energomontaj.

CE Hunedoara is the electricity producer entailing the highest costs in the sector.  Thermal energy producers had a tough time making room for themselves on the market in the first half of 2013 amid a very good hydrological year, as well as given the increasing share of renewable energy.

CE Hunedoara was set up at the end of last year through the merger of thermal power stations Mintia and Paroseni and the absorption of a coal mine.

(English version by Daniela Stoican)