Hidroelectrica has placed 11 offers on OPCOM for which it awaits bids on December 18.
Asking price was set at RON220 a megawatt-hour, below the current market prices of RON229 to RON274 a megawatt-hour.
State-run hydropower generator Hidrolectrica has filed for insolvency in June this year and is currently undergoing reorganization.
So far since June, Hidroelectrica sold electricity on OPCOM worth EUR84.2 million. (EUR1=RON4.5388)