Hidroelectrica is a leader in electricity production and the main provider of technological services required in the National Energy System in Romania.

[1][permanent dead link‍] The Romanian Energy sector was reorganized in 1998, by creating (in compliance with GD 365), a holding company, CONEL, with four subsidiaries: Termoelectrica, Electrica, Hidroelectrica, Nuclearelectrica.

[2][permanent dead link‍] In 2001, a strategy for the development and modernization of the energy system is drawn up, Hidroelectrica included, with the main purpose of attracting private capital to complete the investments initiated.

[7][permanent dead link‍] In 2010, Hidroelectrica achieves a production of 19.85 TWh and sees a record profit, given the national and international crisis conditions.

In April 2009, the Ministry of Economy and Trade announced its intention to build a 1,000 MW storage and pumping power plant in Tarnița-Lăpuștești (Cluj County), a project estimated at over 1.1 billion euros.

At the same time, the hydropower plant will be able to ensure the adjustment of the system, the short-term emergency reserve and the optimal conditions for the installation of a capacity of more than 2,000 MW in wind farms.

[17][permanent dead link‍] In November 2009, the Movileni hydroelectric power plant was inaugurated, on the Siret River, with an installed capacity of 33.9 MW and which will supply 112.4 GWh of energy per year.

4437/2016, pronounced in the public hearing of 21.06.2016 in case file 22456/3/2012 * pending before the Bucharest Tribunal, the insolvency procedure against Hidroelectrica was closed.

[25][permanent dead link‍] In December 2019, Hidroelectrica signed the contract for the modernization of the 110 KV Power Station belonging to CHE Bradisor, part of the Lotru hydropower plant.