The state-run company had hoped to sell 2.35 terrawatt-hours of electricity last week, equal to 4.4% of Romania’s electricity consumption in 2012.

In early November, Hidroelectrica sold electricity worth EUR20 million on the local energy exchange OPCOM.

The company has 80.05% of its shares in the hand of the economy ministry, while Fondul Proprietatea holds a 19.95% stake.