Renewables

Elektroprivreda Srbije plans to install 10 hydropower plants on Ibar river

Elektroprivreda Srbije plans to install 10 hydropower plants on Ibar river tender

Photo: mike wolf from Pixabay

Published

March 10, 2023

Country

Comments

0

Share

Published:

March 10, 2023

Country:

Comments:

0

Share

Power utility Elektroprivreda Srbije (EPS) plans to build ten hydropower plants on the Ibar river in a 55-kilometer stretch between cities Raška and Kraljevo, in the southwestern part of Serbia. The company has launched a tender for the preparation of investment and technical documentation for the construction.

The construction of ten hydropower plants (HPPs) on the Ibar river is known as the Ibarske Hidroelektrane project. It is not new, and EPS intended to implement it with Italy’s Seci Energia more than 13 years ago. In December 2010, the two companies established the joint venture Ibarske Hidroelektrane for the design, build and operation of the power plants.

Back then the total capacity of the power plant was projected at 103 MW, while the investment was estimated at almost EUR 300 million. The joint venture was closed in April last year.

The Ibar hydropower potential is one of the most important unused hydropower potentials in Serbia

Now, EPS said that the hydropower potential of the Ibar is one of the most significant untapped hydro potentials in Serbia. The deadline for submitting bids is April 12.

The adopted concept of using the potential of the Ibar river implies the construction of ten run-of-river hydropower plants, in line with the Spatial Plan of the Republic of Serbia and the Water Management Foundation of the Republic of Serbia, the company said.

EPS wants to establish the feasibility for the construction of the HPP system on the Ibar

EPS intends to build the following power plants: Lakat, Maglič, Dobre Strane, Bela Glava, Gradina, Cerje, Glavica, Ušće, Gokčanica and Bojanići.

The aim of the preparation of documentation is the create a foundation for the utilization of the hydropower potential of the Ibar river, with the appropriate development and protection of the river as a water, energy, traffic, cultural and tourist corridor, in order to create preconditions for the realization of national development goals.

EPS also wants to determine the spatial, ecological, social, financial, market and economic feasibility of the HPPs’ construction. The results of the studies will enable a decision on the continuation of the project, EPS added.

Construction should be financed with loans from international financial institutions

The prepared documentation will also serve as the technical basis for announcing a tender for the selection of contractors.

The construction contract would include the design and construction, with the starting point being the revised conceptual design, and the current environmental impact assessment study, the tender documentation reads.

EPS stated that it is likely that the construction will be financed with loans from international financial institutions, so the preparation of the documentation will create appropriate studies, which are usually a necessary condition for the loan agreement.

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

dodik buk bijela hydropower montenegro mandic

Republic of Srpska offers Montenegro to join Buk Bijela hydropower project

01 March 2024 - President of the Republic of Srpska Milorad Dodik offered to Montenegro to join the construction of the Buk Bijela hydropower plant

Serbia to couple electricity market with EU by 2026 SEEPEX stojcevski

Serbia to couple electricity market with EU by 2026 – SEEPEX

01 March 2024 - Coupling will make it easier for the industry, as a consumer, and power producers to enter the electricity market

Janom Investments expands Croatia 30 MW solar power project

Janom Investments expands to Croatia with 30 MW solar power project

01 March 2024 - The planned 30 MW solar power plant in the Slavonia area is the first project of janom Investments in Croatia.

European heat pump sales drop 2023 layoffs

European heat pump sales drop in 2023, resulting in layoffs

29 February 2024 - Heat pump sales tumbled 4.7% last year in 14 countries tracked by the European Heat Pump Association (EHPA)