Versiunea completă
Economic

Romanian Hidroelectrica Goes To Court To Keep Force Majeure

Romanian hydropower producer Hidroelectrica went to court in a bid to maintain its drought-sparked force majeure status, challenging the force majeure acknowledgment withdrawal by the Chamber of Commerce and filing a criminal complaint against the Chamber’s president.

Andrei Cîrchelan · 22 noiembrie 2011 · 1 min de citit

“We have asked the court to cancel this situation generated by the Chamber of Commerce, through its president. In addition, the Board decided to file a criminal complaint against all those who voted in favor of the withdrawal without analyzing the situation,” Hidroelectrica chief Constantin Trihenea said Tuesday during an energy forum.

Asked who were the ones targeted by criminal complaints, Trihenea said the complaint was filed against the Chamber of Commerce as legal entity, represented by president Mihail Vlasov, who led the Coordination Council.

On September 27, Hidroelectrica received all approvals necessary to instate a force majeure situation because of the drought. The force majeure claim enabled a 30%-60% reduction in the amounts of electricity delivered. At that date the company estimated the force majeure situation would be extended until the end of the year.

Citește și