News

Government gives no guarantees for large HPP projects

Published

November 2, 2015

Comments

comments icon

0

Share

Published:

November 2, 2015

Comments:

comments icon

0

Share

All arrangements are possible for the construction of hydropower plants (HPPs) on the rivers of Morača (238 MW) and Komarnica (168 MW), under the condition that there are no state guarantees, according to Montenegro’s economy minister Vladimir Kavarić.

In an interview to Pobjeda newspaper, he said interest was shown by investors from China, Turkey and Slovenia. “Recently we signed a memorandum of understanding with China’s Norinco International Corporation Ltd., in relation to these two projects. On my last visit to Slovenia, I signed a memorandum of understanding with Turkey and Slovenia, also about the cooperation on the projects of HPPs Morača and Komarnica,” Kavarić said.

The minister stated there are currently 21 concession contracts for 41 small hydro facilities worth EUR 109 million, with a total capacity of 72 MW and a yearly generation of 244 GWh. Seven plants are already built, adding 10.2 MW and a potential of 40 GWh a year, he said and added public consultations are ongoing for three more water streams, to be auctioned next year.

Earlier, non-governmental organization Green Home said the planning for small hydropower systems is unsustainable. Local population should be included and informed on technical solutions, the amount of water to be used, and the locations, especially because there is no cadastre for the three rivers and because transparency and the environment are important, it said. Green Home demands a team of experts to make sure that only the streams with all necessary aspects covered are included, not only the energy issue.

Related Articles

srbija hibridi benzinci kriza

Hybrid vehicles overtake petrol cars on Serbian market

30 April 2026 - Sales of new hybrid vehicles in Serbia in the first quarter of the year surpassed those of petrol cars, according to the latest data

Serbia EMS grid connection contracts seven battery storage projects

Serbia’s EMS signs grid connection contracts for seven battery storage projects

30 April 2026 - Serbia's TSO Elektromreža Srbije signed grid connection contracts for seven standalone battery storage projects

croatia star energy enna geo geothermal projects

British Star Energy sells three geothermal projects in Croatia

30 April 2026 - The transaction releases EUR 5.2 million of restricted cash and removes future capital commitments arising from licences, the company said

Energy transition as systemic transformation Siemens Energy Lazar Mijic interview

Energy transition as systemic transformation

30 April 2026 - We spoke with Lazar Mijić, Head of Global Business Strategy in the business area Transformation of Industries at Siemens Energy, about where the region currently stands on the map of global energy transition