Hidroelectrica

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Hidroelectrica
Public
Industryenergy
Founded2000
HeadquartersBucharest, Romania
Key people
Remus Borza, Judicial Administrator
RevenueUS$ 1.05 billion (2007)
Number of employees
5,000 (2007)
Parentstate owned
Websitewww.hidroelectrica.ro

Hidroelectrica is a state-owned company, its shares being held by the Ministry of Economy, Commerce and Business Environment which has as main objective power generation and services by using hydropower resources in Romania.

Hidroelectrica owns 208 power plants and pumping stations with a total installed capacity of 6,444MW[1] and an annual average power production of 14.039GWh[2] meaning 22 - 33% of the total national output of Romania.

The company also has planned investments of US$6.8 billion in increasing the installed capacity by 2,634 MW and production by 6.489 GW per year; the most important projects being:

  • Tarniţa – Lăpuşteşti Hydropower Plant (1,000 MW capacity) which will be the largest hydropower plant on the inner rivers in Romania. The total investment for this site will be around US$1 billion.
  • Tisa Hydropower Plant (30 MW capacity). Total investment US$200 million.
  • Islaz Hydropower Plant (28.8 MW capacity). Total investment US$313 million.

The company's main actives are:

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