Electricity

Greek consortium wins bid to build hydropower plant Čebren

hydropower-river-dam

Photo: daramsri from Pixabay

Published

September 14, 2023

Country

Comments

comments icon

0

Share

Published:

September 14, 2023

Country:

Comments:

comments icon

0

Share

A consortium of Greece’s Public Power Corporation (PPC) and Archirodon Group has been awarded a concession to build the Čebren pumped-storage hydropower plant in North Macedonia. The planned 333 MW hydropower plant is of exceptional importance for the energy transition in North Macedonia and the entire region as it will help balance renewable energy sources, according to a statement from the Government of North Macedonia.

The project, valued at some EUR 1 billion, will be carried out in public-private partnership with state power utility Elektrani na Severna Makedonija (ESM). The selected bidder now has three months to set up a joint venture in which ESM will have a 33% stake, the government said.

The construction of pumped-storage hydropower plant Čebren is expected to take seven years

Once the design and permitting procedures are completed, construction is expected to take seven years, the government said in the statement. In September 2022, it was announced that construction on the Čebren pumped-storage hydropower plant would begin this year.

According to earlier reports, the PPC- Archirodon submitted the sole acceptable bid in the latest tendering for the contract. Although a total of nine companies had been cleared for the second phase of tendering, the only other bid was submitted by French energy company Électricité de France (EDF).

The contract was awarded following as many as 13 failed tenders over the past 20 years, the government recalled.

PPC- Archirodon filed the sole acceptable bid in North Macedonia’s 14th attempt to award the contract

The idea for the Čebren hydropower project dates back several decades. The first feasibility studies were conducted in the 1960s, while the first contracts for the preparation of investment and technical documentation were concluded in 1986, the statement recalled.

The Čebren project includes building a new artificial lake on the Crna Reka river, which will be the biggest in North Macedonia. The 192-meter dam for the Čebren hydropower plant will be one of the highest in the world, the government said, noting that the dam will be of immense importance for flood defense, water supply, and agriculture.

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

Global battery storage capacity expands record 200 GWh 2024

Global battery storage capacity expands by record 200 GWh in 2024

29 May 2025 - The cost of storing electricity has dropped thanks to the declining cost of battery projects and technological advancements, Rystad says

Olympus CCUS project breaks ground in Greece

Olympus carbon capture project breaks ground in Greece

29 May 2025 - Carbon capture, utilization and storage (CCUS) is a must for the future of the cement industry, Prime Minister Kyriakos Mitsotakis said

CyberGrid is committed to energy transition in SEE with its aggregation solutions Candellari

CyberGrid is committed to energy transition in SEE with its aggregation solutions

28 May 2025 - CyberGrid's Nikolaj Candellari said at BEF 2025 that the firm believes in the energy transition in SEE, contributing to the process with its solutions

electricity market liberalization kosovo

Kosovo’s electricity market liberalization sparks protest by businesses

28 May 2025 - Starting on June 1, businesses with an annual turnover of over EUR 10 million will be required to buy electricity on the open market