Electricity

EPCG approves EUR 9 million investments in HPPs

Photo: www.epcg.com

Published

May 4, 2018

Country

Comments

0

Share

Published:

May 4, 2018

Country:

Comments:

0

Share

The Board of Directors of power utility Elektroprivreda Crne Gore (EPCG) approved the overhaul of unit 2 of hydroelectric power plant (HPP) Piva and the revitalization of the HPP Perućica.

These two projects are worth a total of EUR 9 million while the entire investments in the two HPPs are expected to reach EUR 40 million in the next five years.

The overhaul of unit 2 of HPP Piva, worth EUR 2.7 million, has been envisaged for this year and the year of 2019. The overhaul is to extend the unit’s lifespan and to reach its projected performance values.

The Board of Directors’ approval of the amendment to the Public Procurement Plan has created the precondition for the start of the overhaul of six units of HPP Perućica, worth EUR 3.56 million, as well as for the launch of tendering process to purchase power transformer, worth EUR 2.75 million.

“With these investments, EPCG will intensify activities included in the five-year investment plan. The projects total value is EUR 170 million”, EPCG said in a statement.

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

interconnections

Greece’s IPTO working on interconnections with all neighboring countries

07 February 2023 - Greece's transmission system operator IPTO added several interconnections to its ten-year development plan

Azerbaijan on good track to double gas exports to EU, start supply of green energy

Azerbaijan on track to double gas exports to EU, start green energy supply

06 February 2023 - The 9th ministerial meeting of the Southern Gas Corridor Advisory Council in Baku brought together representatives from 16 states and the EU

Mostar to become first city in BiH with solar power plant for self-consumption

Mostar to become first city in BiH with solar power plant for self-consumption

06 February 2023 - A few weeks ago, The Sarajevo Canton announced a similar initiative - to establisha a public company for renewables

Greece subsidize rooftop photovoltaics only if batteries included

Greece to subsidize rooftop photovoltaics only if batteries are included

06 February 2023 - Greece will launch a public call next month for subsidies for rooftop photovoltaics that would be paired with batteries