Pre-qualification documents may be purchased as of August 11 and must be submitted by October 31, the project company said.

Shortlisted investors will be asked to attend a session of preliminary, non-binding negotiations in late December – early January, while the binding bids will be submitted after February 2015.

The Tarnita-Lapustesti project is expected to cost around EUR1.3 billion and its construction is estimated to take five to seven years. When completed, the plant will be the largest hydroelectric load balancing system in Romania, with a total capacity of 1,000 megawatts.