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C.N.T.E.E. TRANSELECTRICA - TEL

Report according art. 82 Law 24/2017

Release Date: 10/12/2017 4:37:33 PM

IRIS Code: EF308

Current report according to the provisions of article 82 from Law 24/2017

Date of the report: 12 October 2017

Name of Issuer Company: CNTEE TRANSELECTRICA SA, company managed in two-tier system

Registered headquarters: Blvd. Gheorghe Magheru 33, Bucharest 1

Working location: Str. Olteni no. 2-4, Bucharest 3

Phone / fax numbers: 004021 30 35 611/021 30 35 610

Single registration (fiscal) code: 13328043

Number in the Commercial Register: J40/8060/2000

Share capital subscribed and paid: 733,031,420 Lei

Regulated market where the issued securities are transacted: Bucharest Stock Exchange

 

Event to report

 

The National Power Grid Company Transelectrica SA informs the shareholders and investors about its signing a contract with Hidroelectrica SA amounting to more than 50,000 Euro.

 

Agreement:

Agreement/10.10.2017 to C231/23.11.2016, contract reported on 23.11.2016;

Parties:

CNTEE Transelectrica SA - in capacity of purchaser;

Hidroelectrica SA - in capacity of seller;

Contractual object:

Electricity procurement for CPT (losses) on the PCCB-LE (Bilateral Electricity Trading Contracts Market);

Estimated amount:

2,118,417.25 Lei, VAT free;

Guarantees:

None;

Penalties:

The level of penalty interest rates corresponds as percentage to the interest owed for failure to pay in due time the liabilities to the state budget, for each day of delay;

Mutual liabilities:

None;

Terms of payment:

The outstanding term of monthly invoices (advanced billing): 3 weekdays before the beginning of the contractual month, at the latest.

 

This Agreement was concluded in order to comply with the provisions of ANRE Order 48/22.06.2017 approving the average tariff for transmission services, the transmission rate components of electricity injection in the grid (TG) and electricity taking out of the grid (TL), the tariff of system services and the regulated price for reactive electricity charged by the National Power Grid Company Transelectrica SA.

 

 

 

Georgeta – Corina POPESCU

 

Executive Director General

Directorate Chairwoman

 

 

 

 



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