The company sold 297.045 megawatt-hours of electricity at prices ranging from RON180 per MWh to RON181.5 per MWh.
Hidrolectrica, Romania’s largest power producer, has filed for insolvency last year and is currently undergoing reorganization. The company has 80.06% of its shares in the hand of the economy ministry, while Fondul Proprietatea holds a 19.94% stake.
Since it went insolvent, the company raised roughly RON709.6 million (some EUR160 million) from selling electricity on the OPCOM exchange. (EUR1=RON4.4219)