News

Project design for hydropower plant may take one year

Published

February 10, 2016

Comments

0

Share

Published:

February 10, 2016

Comments:

0

Share

Construction works on the Buk Bijela hydroelectric plant on Drina river should commence this year, said Petar Đokić, minister of industry and energy in the Government of the Republic of Srpska. He added there was determination and that the situation will be different by the middle of the year. Numerous stories that the government does not have serious intention to build it will be denied by concrete steps, Đokić told Glas Srpske portal. In his words, hydro power plant operator Višegrad will head the project, while the Power Utility of the Republic of Srpska (ERS) will get the concession from the government.

Earlier, ERS head Branislava Milekić said construction works can be expected in a year at the latest, as the main project should be complete by then. The initial project estimated the value of the power plant at EUR 195 million and installed capacity at 93.5 MW, she told Glas Srpske. The main project takes six months, Milekić stated and added the power plant will be financed through loans. As the environmental study is already complete, paired with a solid volume of project documentation, it won’t be difficult to attract financing, she said.

Related Articles

EPEX SPOT to launch first pan-European guarantees of origin market

EPEX SPOT to launch first pan-European guarantees of origin market

01 December 2021 - The market will be launched by the European Power Exchange, European Energy Exchange and European Commodity Clearing

Coal phaseout unavoidable transition net zero emissions clean air

Coal phaseout unavoidable in transition to net zero emissions, clean air

01 December 2021 - The RES Foundation is holding its second second annual conference in Serbia on how to win the Balkan air pollution dodgeball

Geothermal water California Stanton Sea US lithium demand

Geothermal-rich California could cover US lithium demand

01 December 2021 - The Salton Sea in the southern part of California can supply 600,000 tons of lithium per year, an amount exceeding the current annual consumption of the US

Ne-to.-0- conference RES Foundation

Watch LIVE RES Foundation conference: The 0 future beyond coal/carbon

01 December 2021 - Ne to. 0! Is the second annual policy conference on how to win the Balkans...