Electricity

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

Photo: Wikimedia/Combi2000

Published

July 17, 2017

Comments

0

Share

Published:

July 17, 2017

Comments:

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

Household solar power systems overload Cyprus electricity grid

Household solar power systems overload Cyprus electricity grid

27 January 2023 - The distribution and transmission system operators in Cyprus asked for a freeze in issuing licenses for small solar power installations for self-consumption

cwp montechevo solar montenegro

CWP enters Montenegrin renewables market with 400 MW solar project

26 January 2023 - The investment is valued at around EUR 360 million, while the development and construction of the project are planned in phases

EPCG to install 47 MW solar power plant within Niksic steelworks

EPCG to install 47 MW solar power plant at Nikšić steelworks

26 January 2023 - Power utility Elektroprivreda Crne Gore bought the company in Nikšić for EUR 20 million from Turkish company Tosçelik.

Germany two green hydrogen pipeline projects EU countries

Germany to build two green hydrogen pipelines with other EU countries

26 January 2023 - Germany joined the H2Med project and is also working on a green hydrogen pipeline project with Belgium in the North Sea