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Hydropower plants overhaul budgeted with EUR 480 million

Published

March 11, 2016

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Published:

March 11, 2016

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HEP Group marked half of a century of the operation of hydropower plant Dubrovnik in its rehabilitated facility, the first in a programme that state-owned energy utility determined to last through 2020. Managing director Perica Jukić said the company secured HRK 3.6 billion (EUR 480 million) for the overhaul, planned to introduce new capacity of between 111 MW and 124 MW. The addition is equivalent to a hypothetical hydropower facility larger by size than 21 out of existing 26. He added it makes Croatia one of the leading countries in Europe in the segment of power from renewable sources, SEEbiz portal reported.

The operations in HPP Dubrovnik, worth EUR 42.3 million, were finished in January, adding 36 MW to the facility and bringing total capacity to 252 MW, equivalent to almost 100 GWh per year of certified green energy, the article said. The power plant was commissioned in 1965 and since then it generated 30 TWh for Croatia, almost twice more than the country’s current yearly consumption. The accumulation is located in Bosnia and Herzegovina and the facility’s other unit generates power for delivery to the neighbouring republic.

Substation Srđ, which is in test operation and planned to go online soon, is worth EUR 18 million. It secures better supply for the Croatian far south paired with substation Plat, worth EUR 46.3 million and launched in late 2014.

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