Hidroelectrica to transfer 32 hydropower plants in open auctions
Hidroelectrica, the Romanian state-owned power generation company, will transfer 32 small hydropower plants by open outcry auction, either to the private sector or to local communities in Romania. Together the assets to be sold represent around 26 MW of installed capacity.
The auctions will take place on 23–26 November 2015, although prospective buyers must secure the relevant tender dossiers by 13 November 2015.
Buyers will be required to fulfil certain requirements after the purchase is made. These include maintaining electricity generation at the site, conforming to requirements of the Romanian energy sector regulator, as well as meeting social and environmental obligations.
You can view details of the auction process and how to participate here.