Independent Balkan News Agency

Romanian Transelectrica under investigation

Romanian Transelectrica under investigation
The Romanian electricity transmission system operator, Transelectrica SA is under investigation by the Competition Council of the country because, as a press release reads, it might be engaged in a tenders’ rigging for the assignment of several works.

"The works concerned the maintenance and upgrading of the Electric Transport Network.

Romania’s anti-trust body shows that it has started the investigation based on information provided by Transelectrica SA itself, which reported possible anti-competitive behavior of ELM Electromontaj Cluj S.A, Energobit S.A., Societatea pentru Servicii de Mentenanta a Retelei Electrice de Transport Smart S.A. and Energotech S.A. in two bids regarding the upgrading of '400/110/20kV Domnesti plant' and '220/110kV Raureni power station', reports romaniajournal.ro.

Apparently, the top bidder of an e-auction organised by the state company "was disqualified because he did not respond or responded incompletely to the request of the contracting authority". As a result, the second best was awarded the contract, and quite unexpectedly, at a higher price, as the Competition Council says.

If things were badly done, Transelectrica SA might be fined up to 10% of its turnover. It all depends on whether the Romanian giant will co-operate with the CC. If it does, it might even gets clear.../IBNA

Photo: Wikipedia

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