Hidroelectrica throws discount in sale of SHPPs


October 5, 2015





October 5, 2015




Hydro facilities with a total installed power of 25.7 MW are set to be sold at auctions from November 23 to 26, Hidroelectrica SA said. The biggest state-owned power producer announced the small hydropower plants (SHPPs) will be priced with a reduction of RON 13 million (EUR 2.94 million) or 20% in comparison to previous auctions, where they were offered for a total of EUR 18.85 million.

So far 28 SHPPs were sold for a total of EUR 18 million, according to an article in Business Review. The assets are divided in 22 packages and are located in the counties of Valcea, Suceava, Bacău, Neamţ, Hunedoara, Braşov, Arad, Sibiu, Argeş, Buzău, Vrancea, Maramureş and Timiş. The deadline for applications is November 13. The value of the tender guarantee is 10% of the start price. A purchaser is required to assume any existing program of investments for environmental protection.

Hidroelectrica SA, insolvent for the second time, took RON 1.7 million (EUR 380,000) for the one of only two small hydro facilities it sold from the 34 that were put on sale by auction in July.

Related Articles


Fossil fuels returned as top energy source in EU power generation in 2021

01 July 2022 - Among renewable sources, the biggest increase in 2021 was seen in electricity produced from solar energy, 13%,

Floating wind farm project unites fishermen, investors in Ireland

01 July 2022 - A joint 2 GW floating wind farm project is the first cooperation in the world between the two opposing sectors.

Voltalia breaks ground Albania biggest solar park Western Balkans Karavasta

Voltalia breaks ground in Albania for biggest solar park in Western Balkans

01 July 2022 - The site for the Karavasta solar park spans 196 hectares in Fier county in Albania's west. The planned capacity is 140 MW.


Serbia’s power utility EPS posts Q1 net loss of EUR 254 million

30 June 2022 - The state-owned power utility is blaming the poor result on a drop in output, electricity imports, and capped prices for end-consumers