Electricity

Litostroj, ABB to modernize HPP Piva

Photo: EPCG

Published

August 3, 2018

Country

Comments

comments icon

0

Share

Published:

August 3, 2018

Country:

Comments:

comments icon

0

Share

Power utility Elektroprivreda Crne Gore (EPCG) and a consortium of Slovenia’s Litostroj and Italy’s ABB JV have signed a contract on a EUR 10.3 million reconstruction and modernization of the Piva hydropower plant (HPP), the Montenegrin company said.

The contract, which will be financed by German development bank KfW with EUR 8.5 million and from EPCG’s own sources, was inked by Igor Noveljić, CEO of EPCG, Damjan Kolenko, chief of integration at Litostroj, and Danilo Moresco, general manager at ABB.

Noveljić said that alongside the reconstruction of various facilities at all three units of HPP Piva, a state-of-the-art distributed control system will be installed to enable remote management by the supervisory management center.

In addition to extending the plant’s operating life by another 40 years, EPCG will ensure its high operational readiness, Noveljić said, adding that by providing auxiliary and system services for Montenegro’s electricity system, the company secures additional income, which in the last two years reached more than EUR 2 million.

The revitalization of HPP Piva is included in the Energy Sector Development Strategy until 2030 as one of the projects aimed at increasing the energy efficiency of generation, transmission, and distribution facilities.

The signing and contracting of another major project, the second phase of a EUR 30 million reconstruction and modernization of HPP Perućica, is also expected soon. This is envisagedunder EPCG’s strategy and a five-year investment cycle worth more than EUR 170 million.

At the beginning of May, the EPCG Board of Directors approved the EUR 2.7 million overhaul of the HPP Piva unit 2, expected in 2018 and 2019, the EUR 3.5 million revitalization of the HPP Perućica unit 6, and the launch of tendering for the purchase of a transformer worth EUR 2.75 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

montenegro italy admir sahmanovic subsea cable solar wind

4 GW of solar, wind projects in pipeline in Montenegro – minister

04 April 2025 - Speaking at the Economic Dialogue Montenegro-Italy round table, minister Admir Šahmanović called for stronger cooperation between the two countries

Share coal power Finland nearly zero cogeneration plant shuts down

Share of coal power in Finland nearly zero as cogeneration plant shuts down

03 April 2025 - The now closed Salmisaari coal plant accounted for just 0.8% of the electricity mix in Finland together with three remaining ones

solar nuclear power prices europe eurelectric

Solar, nuclear lower Europe’s power prices by 30% in March

03 April 2025 - Solar broke a record in power generation in March for the third consecutive month, making up more than 10% of Europe’s electricity mix, Eurelectric said

PPC announces 5.8 billion plan for Western Macedonia, focused on photovoltaics, storage and data centers

PPC plans EUR 5.8 billion makeover of Western Macedonia coal region, including data centers

03 April 2025 - PPC presented a EUR 5.8 billion investment plan for the coal region of Western Macedonia in northern Greece