HIDROELECTRICA
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Economy Minister Says More Hidroelectrica Bilateral Energy Contracts Will Be Terminated
Romanian Economy Minister Daniel Chitoiu on Thursday ensured the country’s Supreme Defense Body that no asset belonging to insolvent hydropower producer Hidroelectrica will be sold otherwise...
Hidrolectrica Sells RON6.2M Worth Of Electricity On OPCOM
Romania’s insolvent energy producer Hidroelectrica has sold 24,480 megawatts of electricity on the local energy exchange OPCOM for a total of 6.2 million lei (EUR1.3 million), the company sa...
Supreme Defense Body Meets To Discuss Bulgaria Terror Attack, Hidroelectrica Insolvency
Romania’s Supreme Defense Council assembles Thursday to discuss the suicide bomber attack that occurred Wednesday on a Bulgarian airport and the legal situation of insolvent state-owned elec...
First Loss For Energy Holding: EUR8 Million In 2011
Energy Holding, one of the most profitable private energy traders, ended 2011 in the red, after having made hefty profits from selling the cheap electricity it got from state-owned hydropowe...
ArcelorMittal Says Deals With Hidroelectrica Perfectly Legal
ArcelorMittal Galati, a unit of steel giant ArcelorMittal, Thursday said its electricity contracts with Romanian state-run hydropower generator Hidroelectrica comply with the local legislati...
Energy Sale Contract Renegotiation Between Hidroelectrica, Alro Yields No Result
The administrators of Romanian state-owned power producer Hidroelectrica and aluminum producer Alro Slatina (ALR.RO) on Tuesday failed to reach an agreement regarding a direct energy sale co...
Hidroelectrica Administrator: We Are Preparing For Force Majeure
Romania’s largest insolvency, that of energy producer Hidroelectrica, is proving an increasingly tough mission, since the company could again use the force majeure clause because of the drou...
Hidroelectrica Wants 74% Raise In Electricity Prices On Regulated Market -Sources
Romanian state-owned hydropower producer Hidroelectrica has asked Romania’s National Regulatory Authority for Energy ANRE to approve a 74% increase of prices for electricity sold under regul...
Hidroelectrica Contract Negotiation With EFT To Last Until July 16
The administrators of Romanian state-owned power producer Hidroelectrica, which is insolvent, will continue to renegotiate the company's direct energy sale contract with EFT until July 16, a...