The amount on offer equals 9.1% of Hidroelectrica’s electricity output estimated for this year, of 13.9 TWh.
Hidroelectrica has placed 29 offers on OPCOM for which it awaits bids on April 4 and April 9.
The average asking price is RON159.32 per megawatt-hour.
State-run hydropower generator Hidrolectrica in February reentered reorganization procedure after the Bucharest Appellate Court cancelled a court decision allowing Hidroelectrica to complete a 12-month insolvency process. (EUR1=RON4.4629)