Petrom will buy energy from Craiova worth an annual €116 mln

The state-owned electricity and thermal heating producer, Complexul Energetic Craiova (CE), won the auctions to supply electricity to Romania’s largest company, Petrom, in a contract worth some €116 million annually.The state producer overbid European giants, such as Italy’s Enel, the Czech Republic’s CEZ, and Germany’s E.ON, losing to the Romanian producer in the auction organized by Petrom. “Craiova will deliver some 1.85 TWh to Petrom, 1.15 TWh for the exploration and ...

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