The power generation and district heating company Termoelectrica has launched a lowest-bid-wins tender to buy 20,000 tonnes of fuel oil, as instructed by the State of Emergency Commission earlier this month.
“Termoelectrica calls for offers from potential bidders and will select, with the help of a procurement panel, the winner/winners based on technical, economic and financial criteria and will conclude a contract/contracts to buy fuel oil with the selected bidder/bidders within limited time periods, with possible extensions”, the company said in a press release.