The company sold roughly one terawatt-hours of electricity at today’s auctions. The asking price for the entire quantity was RON150 million.
Last week, Hidroelectrica sold 615,650 megawatt-hours of electricity for RON105 million.
State-run hydropower generator Hidrolectrica in February reentered reorganization procedures after the Bucharest Appellate Court cancelled a court decision allowing Hidroelectrica to complete a 12-month insolvency process. (EUR1=RON4.4561)