Romgaz is asking RON204.5 per megawatt hour, value added tax exclusive.
This is Romgaz’s first auction on the energy exchange since it became a vertically integrated power company following the takeover in January of Iernut thermal power plant.
Romanian state-run natural gas producer Romgaz Medias plans to sell around 430,000 megawatt hours of electricity on the local energy exchange OPCOM in a bid to raise 87.7 million lei (roughly EUR20 million).