Each micro hydropower plant has an installed power capacity of up to 1.3 MW, totaling 25 MW, Borza said.
The micro hydropower plants are located in Valcea, Suceava, Bacau, Neamt, Hunedoara, Maramures, Brasov, Arad, Sibiu, Arges, Buzau and Timis.
The company only sold two of a total 34 micro hydropower plants put up for sale in July, for approximately RON4 million.
Hidroelectrica sold micro hydropower plant Calugarita, located in Arges county, to Arges and Muscel Archiepiscopate for RON1.7 million. Another micro hydropower plant, Vladesti, located in Valcea county, was bought by Roski Air Service company for RON2.2 million
Hidroelectrica still owns 128 micro hydropower plants with installed powers of up to 4 MW each.
Hidroelectrica posted a record profit of RON725 million in the first half of the year, 42% higher than in the same period in 2014, when its earnings stood at RON510 million.
The company had a turnover of RON1.851 billion in the first six months, from RON1.554 billion in the same period last year, due to higher power output, of 9.6 TWh, 1.1 TWh more than in the first half of 2014.
Hidroelectrica is owned by the Romanian state, through the Ministry of Energy. The company has been insolvent since February 2014, for the second time in less than a year. Hidroelectrica went through insolvency procedures in June 2012 – June 2013.