The electricity will be delivered between July 1, 2014 and December 31, 2015.
The asking price is RON184 per megawatt-hour, VAT not included.
CE Oltenia produced 12 terawatt-hours of electricity in 2013, which covered nearly 20% of the country’s production.
CE Oltenia was founded in 2012 following the merger of mining company Societatea Nationala a Lignitului Oltenia and thermal power producers Turceni, Craiova and Rovinari. It operates 13 units with a total capacity of 3,900 megawatts.
The Department for Energy is the majority holder, with a 77% stake, while investment fund Fondul Proprietatea (FP.RO) owns 21.5%.