Electricity

Chinese CWE presents offer for construction of HPP Dabar to Republic of Srpska Government

Photo: Wikimedia/Combi2000

Published

July 17, 2017

Comments

comments icon

0

Share

Published:

July 17, 2017

Comments:

comments icon

0

Share

China International Water & Electric Corporation (CWE) has presented an offer for the construction of  the hydro power Dabar (HPP Dabar) in the Republic of Srpska (RS), which contains financial proposal for covering 85 percent of costs.

The representatives of the Republic of Srpska and CWE signed in December 2015 the Memorandum of understanding for the construction of HPP Dabar worth EUR 180 million. The Chinese company announced in November 2016 that it would present a concrete offer within a few months.

The Government of the Republic of Srpska will consider the submitted bid and the conditions after it discusses it with the representatives of HPP Dabar company which has a concession for the construction of the HPP, the Minister of Industry, Energy and Mining of the Republic of Srpska Petar Đokic said at a meeting with representatives of CWE last week.

HPP Dabar company is owned by the power company Hidroeletrane na Trebišnjici (Hydroelectric Power Plants on Trebisnjica).

Đokić said that the Republic of Srpska has already invested substantial funds in the HPP Dabar project, adding it has started building tunnels and other facilities. The construction of a new hydropower plant in Nevesinje began in September last year with the launch of a project of a tunnel worth EUR 57.3 million.

The CWE representatives introduced Đokić with the possibilities of funding the project through loans of the Chinese Exim Bank or other banks which offer favorable loan conditions. They said that their offer is the best from technical and commercial aspect and that they expect successful cooperation between China and the Republic of Srpska in the implementation of this project.

HPP Dabar, with projected capacity of 159 MW, is a part of Gornji Horizonti hydropower project which includes HPPs Nevesinje and Bileća in the Trebišnjica river basin.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

MET Group Hungary largest battery energy storage system

MET Group inaugurates Hungary’s largest battery energy storage system

19 June 2025 - MET Group installed a battery energy storage system of 40 MW and a two-hour duration at its gas power plant Dunamenti near Budapest

energy transition eti 2025 wef wind

WEF: Global energy transition picks up pace

19 June 2025 - The World Economic Forum's latest report shows the fastest energy transition progress since before the COVID-19 pandemic.

Greece to participate in European Nuclear Alliance Mitsotakis

Greece to participate in European Nuclear Alliance

19 June 2025 - Greece is going to explore its options for the introduction of nuclear energy, according to Prime Minister Kyriakos Mitsotakis

Western Balkan coal plants cut harmful emissions 2024 breaches extreme

Western Balkan coal plants cut harmful emissions in 2024 but breaches remain extreme

19 June 2025 - SO2 emissions from NERP-bound coal plants in BiH, Kosovo*, North Macedonia and Serbia were six times above legal limits last year