Electricity

Litostroj sold to Czech investors, beating Končar

Litostroj-Energo-Pro-Koncar

Photo: Litostroj deliver equipment for HPP Krško (HESS)

Published

February 19, 2016

Country

Comments

0

Share

Published:

February 19, 2016

Country:

Comments:

0

Share

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.

Related Articles

Serbia power utility EPS investments in green energy

Serbia’s power utility EPS announces investments in green energy

15 October 2021 - Serbian state-owned power producer EPS aims to install 240 MW in solar power plants and 100 MW in wind farms by the end of the decade

Marine Le Pen France abolish wind power elected president

Marine Le Pen says France would abolish wind power if she is elected president

15 October 2021 - National Rally's Marine Le Pen vowed to halt subsidies for solar and wind and close wind farms if she wins the French presidential election

Ten member states urge EU nuclear power low carbon energy

Ten member states urge EU to mark nuclear power as low-carbon energy

13 October 2021 - Ten states including Slovenia, Croatia, Romania and Bulgaria want nuclear power to be recognized as low-carbon technology in the EU.

Bulgaria plans phase out coal 2040

Bulgaria developing plans to phase out coal by 2040

12 October 2021 - After the upcoming election, Bulgaria's parliament is set to choose between three scenarios for a coal exit: by 2035, 2038 and 2040