Electricity

HEP to increase HPP Senj installed capacity by 20 MW

HEP-HPP-Senj-overhaul-capacity

Photo: HEP

Published

May 6, 2021

Country

Comments

0

Share

Published:

May 6, 2021

Country:

Comments:

0

Share

Croatia’s state-owned power utility Hrvatska Elektroprivreda (HEP) and engineering company Končar Group have signed an agreement to replace primary equipment at HPP Senj as part of a reconstruction and revitalization project that will increase the hydropower plant’s installed capacity by 20 MW and its annual production by at least 50 GWh.

HPP Senj currently has an installed capacity of 216 MW, and its average annual output is 970 GWh, accounting for about 20% of the production of all Croatian hydropower plants, or 10% of HEP’s overall electricity production, the company said in a statement.

The contract with Končar is worth EUR 43.8 million. The works, which will cover all three power generation units at HPP Senj, will begin in 2022 and are targeted for completion in 2026.

The value of the entire overhaul of HPP Senj, which will extend its lifespan by a further 50 years, is just under EUR 74 million. The value of the equipment installed and works performed so far is EUR 11 million.

HEP’s project to overhaul 12 hydropower plants is worth EUR 520 million

The revitalization of HPP Senj is part of a wider project to overhaul HEP’s hydropower plants, worth a total of EUR 520 million. The investment will boost the power plants’ combined capacity by 170 MW and increase their annual electricity output by 330 GWh.

The investment cycle, launched in 2012, covers 12 out of 26 hydropower plants operated by HEP, and has already soaked EUR 210 million. So far, HEP has completed revitalization at three of the plants, while works at five more, including HE Senj, are under way. Overhaul projects for the remaining four are being prepared.

HEP is building HPP Senj 2 and hydropower system Kosinj, with a total capacity of 412 MW

Last year, HEP launched projects to build hydropower plant Senj 2 and hydropower system HES Kosinj, with a combined installed capacity of 412 MW. The value of the investment is about EUR 450 million.

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

Norway power export controls drought hydropower reservoirs

Norway to impose power export controls

09 August 2022 - Norway is preparing a framework for limiting electricity exports at times when the levels of water in hydropower accumulations are low

EU supports Serbia loans grant power interconnections smart metering

EU supports Serbia with loans, grant for power interconnections, smart metering

08 August 2022 - Serbia is getting a grant of EUR 17 million for power interconnections and a smart metering project. They are worth EUR 81 million in total and financed with loans.

Etem Gestamp ppa solar private equity fund growth

Automotive components producer Etem Gestamp signs PPA deal in Bulgaria

07 August 2022 - Private Equity Fund - Growth and Etem Gestamp have signed a ten year power purchase agreement for 4 GWh of solar energy

Montenegro EPCG minimum price of 10 shares

Montenegro’s EPCG lowers minimum price for sale of 10% of its shares

05 August 2022 - Montenegro's state-owned utility EPCG cut the minimum price for its 10% stake to EUR 87 million from just above EUR 100 million