The power producer also wants to sell a 3,200-square meters plot of land in Targu-Jiu city, south-center Romania, Euro Insol’s owner Remus Borza told Mediafax.
He said the asking price for the land is of some EUR200,000.
Hidroelectrica plans to sell 88 such plants in 2013-2014, which account for less than 1% of its total installed power, because their operating and maintenance costs are considerably higher than the revenue they bring.
In late January, Hidroelectrica raised 11.2 million lei (EUR2.5 million) from selling three out of 14 planned micro power plants.
In June 2013, the company sold 14 micro power plants for RON46.8 million.
Hidrolectrica has 80.05% of its shares in the hand of the Energy Department, while investment fund Fondul Proprietatea (FP. RO) holds a 19.94% stake. The company runs units with a total installed capacity of 6,400 megawatts and covers around 30% of Romania’s power consumption.
The company was placed under insolvency in late February, after the Bucharest Appellate Court cancelled a previous decision allowing Hidroelectrica to complete a 12-month reorganization process started in June 2012. (EUR1=RON4.5114)