Hidroelectrica Cancels Loss-Making Deal With Paroseni Thermal Plant

08.29.2012 By Radu Bostan

Euro Insol, the administrator of Romanian state-owned power producer Hidroelectrica, has cancelled a contract for the purchase of energy from the Paroseni thermal plant, which cost the insolvent company 253.6 million (EUR56.8 million) in the last three years.

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Keywords:
HIDROELECTRICA
, PAROSENI
, CONTRACT