Hidroelectrica has scheduled 35 auctions on the local energy exchange OPCOM to sell 1.77 megawatt-hours of electricity. The price was set at RON220 per MWh.
Last week, the company tried to sell around EUR88 million worth of electricity, but it was forced to cancel most of the auctions because buyers were unwilling to make the down payment.
State-run hydropower generator Hidrolectrica has filed for insolvency in June this year and is currently undergoing reorganization.