Romelectro wins KOSTT’s tender worth EUR 7.5 million
Romelectro Group signed the contract for the construction of high voltage power lines in Kosovo* after being selected at an international tender by KOSTT – Transmission, System and Market Operator JSC. The European Bank for Reconstruction and Development will finance the investment of EUR 7.5 million. Works consists of five key sections of 220 kV and […]
Interconnection with Kosovo* comes online
Albania inaugurated a EUR 70 million power transmission line of 400 kV, linking the country with Kosovo*, SeeNews reported. The interconnection is 241.1 kilometres long. The 151.1 kilometres on the side of Albania cost EUR 29 million. The section was financed by a loan from Germany’s KfW Development Bank. The construction of the power line […]
Energy Community gathers 24 non-governmental organizations
The inaugural Energy Community Civil Society Day brought together 24 organisations from 11 countries at on June 21. Representatives of international financial institutions, academic institutions, government ministries as well as the European Parliament and Commission also took part. The Energy Community (EnC) said the aim of the event, which will be organized on an annual […]
World Bank to increase funding for Bosnia Energy Efficiency Project
The World Bank is ready to support Bosnia Energy Efficiency Project (BEEP) with further investments and advisory, said Jary Vayrynen, task team leader for the endeavour financed by the domestic government through loans from the international finance institution and the International Development Association. The project is funded with USD 32 million (EUR 28.8 million). Performances […]
Drinking water facility overhaul agreed for Užice
Zorana Mihajlović, Serbian vice premier and minister for construction, transport and infrastructure, signed a contract for the funding of the reconstruction of water factory ‘Petar Antonijević’ with Užice mayor Tihomir Petković. Total worth of the overhaul is RSD 400 million (EUR 3.2 million). The ministry said funds from its budget were redistributed to provide EUR 2.92 million as this is […]
Hidroelectrica exits insolvency, preparing IPO
The biggest privatisation in Romania’s history is underway after the main court in Bucharest ruled Hidroelectrica SA isn’t insolvent anymore, Act Media reported. The company will be listed when the best conditions for pricing are achieved, minister of energy Victor Georgescu said at a press conference on June 24. Hidroelectrica will focus on modernization, investments […]
Zumtobel donates public lighting system to Podgorica
The first phase of the switch to LED lamps in a donation of Austrian Zumtobel Group to the capital of Montenegro was finished. A section of one of the main streets of Podgorica got lighting produced by Thorn, and the works in the EUR 30,000 worth project are continuing. Deputy mayor Časlav Vešović expressed appreciation […]
Ministry to prepare tenders for photovoltaic facilities in Greece
Draft legislation for the support plan for renewables includes provisions for public calls for production capacities, Energy Press reported. A pilot scheme for a minimum of 40 MW in solar power facilities is planned for this year. For that, the Ministry of Environment and Energy has to complete the draft for ministerial decisions and submit […]
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