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Sep 13, 2007 12:38 EEST
September 13 (SeeNews) - Romanian state-owned thermal power producer Termoelectrica said on Thursday it has set a starting price of 250 million lei ($105 million/75 million euro) for heating utility Oradea II at an auction due on October 10.
Interested investors should submit their participation documents by October 8, Termoelectrica said in a statement posted on its website.
Transelectrica operates Oradea II which is located in northwestern Romania.
(1 euro = 3.3159 Romanian lei)
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