Hidroelectrica sells 40 percent of output through direct contracts

The contracts signed by Hidroelectrica before the energy market became transparent and the contracts that do not expire before January 1, 2008, account for 40 percent of its output and 10-12 percent of the total energy market, Economy and Finance Minister Varujan Vosganian said on Friday in Sinaia (northwest of Bucharest) within a forum on economic development issues.''After January 1, 2008, Hidroelectrica will be the only energy producer to sell electricity through contracts signed before ...

Developed by Codecraftsman