Litostroj sold to Czech investors, beating Končar

Energo-Pro a. s. is taking over Slovenian turbine manufacturer Litostroj Power d. o. o. for EUR 23.5 million, ČIA News reported, quoting spokeswoman Hana Hikelová. Litostroj Power has posted net revenues exceeding EUR 32 million for last year.

It signed contracts worth more than EUR 70 million, 58% being in Europe, 20% in America, 13% in Asia and 9% in Africa. Energo-Pro is registered in Prague and operates in Turkey, Bulgaria, Georgia and Armenia. Croatian industry Končar also participated in the bid.

Litostroj said it finished refurbishment works on unit A of Dubrovnik hydroelectric power plant in Croatia in the first half of January. The refurbished facility, equipped with a Francis runner rendering maximum output power of 144.8 MW, was handed over to Hrvatska elektroprivreda (HEP), the national power company. Unit B was the first unit refurbished within the framework of the contract signed with the customer in 2011, the company said. The phase was finished in February 2013.

Beside the design and performance of the new runners, guide vanes, draft tube, shaft seal, guide vane mechanism, bottom ring, as well as the renewal of turbine shaft, head cover, turbine guide bearing and regulating ring, also spare parts and special erection devices were included in the delivery, the statement said. Through the new hydraulic design of the units and through the enlarged diameter of the runners, resulting in increased water flow, the nominal output power of the units increased by 25%, according to Litostroj.

The storage power plant, located at Plat, a village located 15 kilometres south from Dubrovnik in the country’s south, is the last in the chain of hydroelectric facilities located alongside Trebišnjica river.