Hidroelectrica SA, Romania’s state- owned hydropower generator, will resume power supplies at full capacity beginning next month, after river water levels improved, according to an e-mailed statement today.
Hidroelectrica, which cut electricity supplies to about 50 percent during last year’s drought, said it will end a force- majeure clause it activated for its contracts with companies such as Alro SA (ALR) and will deliver power in “normal conditions” starting on May 1, the company said in the statement.
Alro, a Romanian aluminum smelter majority owned by Vimetco NV (VICO), said in January its production may be affected by the power supplies shortage that forced the smelter to buy the rest from the overnight market at higher costs.
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