Water

Pressure mounts on EBRD to quit Mavrovo dams project

Photo: www.build.com

Published

May 14, 2015

Comments

comments icon

0

Share

Published:

May 14, 2015

Comments:

comments icon

0

Share

The Macedonian government has plans to make Mavrovo the home for two large and around 15 small hydro power plants, one with financial support from the EBRD, even though this is the largest and richest national park in the country and home to the critically endangered Balkan Lynx, CEE Bankwatch Network said.

Boškov most, one of the large hydropower plants, involves a 33 metre accumulation dam and a power plant with total capacity of 68 MW.

The project is being financially supported by the EBRD with an initial EUR 65 million, the article said.

Total project cost had initially been assessed at EUR 85 million, but soon after project preparations began the project sponsor and the bank realised that the project costs were set to almost double, Bankwatch reports. Another large accumulation project, Lukovo pole, is under consideration for financial support by the World Bank.

Council of Europe’s Standing Committee of the Bern Convention decided to open a case file regarding the ongoing construction plans for hydropower plants within the territory of the Mavrovo national park.

An on-the-spot appraisal in late June will collect additional information in order to prepare draft recommendations that are to be submitted to the standing committee at its next meeting, the report said.

Related Articles

serbia eu region bef 2026 grid flexibility panel

Renewable energy ambitions must include ways to ensure grid integration

22 May 2026 - Market participants in the region have differing views of the current state of the grid, according to a panel held at Belgrade Energy Forum 2026

Greece PPC Group raises EUR 4.5 billion in capital offering

Greece’s PPC Group raises EUR 4.5 billion in capital offering

22 May 2026 - Public Power Corp. conducted a historic share capital increase of EUR 4.5 billion. The government and existing stockholder CVC covered 55.6%.

DRI operating licence for Văcărești solar park in Romania

DRI gets operating licence for Văcărești solar park in Romania

22 May 2026 - DRI has received the commercial operating license for its 126 MW Văcărești solar park in Dâmbovița county near Bucharest

SANY Renewable Energy Alibunar wind parks Serbia end June 2026

SANY Renewable Energy to start building Alibunar wind parks in Serbia by end-June

22 May 2026 - SANY Renewable Energy has signed agreements with contractors for its wind power projects Alibunar 1 and 2 in northeastern Serbia