HIDROELECTRICA
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Hidroelectrica: None Of Our Contracts Can Be Considered State Aid
The management of Romanian state-owned hydropower producer Hidroelectrica on Friday said that none of the bilateral contracts it has concluded to sell electricity, including the ones with Al...
EU Probes Hidroelectrica Over Preferential Tariffs, Almunia Says
The European Commission has launched an inquiry into several energy contracts signed by Romanian state-run hydropower producer Hidroelectrica and ArcelorMittal Galati and Alro Slatina (ALR.R...
Alro Slatina Shuts Down Production Unit On Reduced Power Supply
Romanian aluminum maker Alro Slatina (ALR.RO) Tuesday said it has started procedures to shut down a production unit, because of reduced electricity deliveries from its main supplier, Hidroel...
Former Economy Minister Indicted For Allegedly Defrauding State-Owned Power Producer
Romania’s former economy minister Codrut Seres has been indicted on allegations that he shielded illegal activities of the management of state-owned hydropower producer Hidroelectrica, defra...
Romania Delays Decision On Hidroelectrica Listing
Romanian Economy Ministry put off a decision on whether to list the shares of hydropower generator Hidroelectrica in Bucharest until the government approves a privatization strategy for the...
Drought Forces Romanian Hidroelectrica To Shrink Output By 37% Until Yearend
Romanian state-owned hydropower producer Hidroelectrica received the final approval for force majeure Tuesday, and its planned reduction of deliveries may be applied until the end of the yea...
Drought-Induced Force Majeure Shrinks Hidroelectrica Electricity Deliveries
Romanian state-owned hydropower producer Hidroelectrica will reduce by up to 30% the quantity of electricity delivered to clients, because of the drought, people close to the matter told MED...
Drought Causes Extension Of Power Export Contract With Rudnap Till Yearend
The energy export contract signed by Romania’s largest energy production companies and the local branch of Serbian energy group Rudnap, will be extended through the end of the year, even tho...
Romania’s Hydropower Output Drops To 24% Of Total Energy Production
State-owned hydropower producer Hidroelectrica on Friday said it provides 24% of Romania’s electricity output at the moment, compared to 28% in previous weeks, because of low water levels in...