Electricity

Serbia, Republic of Srpska sign joint statement on Gornja Drina hydropower project

gornja drina brnabic viskovic joint statement buk bijela

Photo: Government of the Republic of Srpska

Published

November 18, 2020

Comments

comments icon

0

Share

Published:

November 18, 2020

Comments:

comments icon

0

Share

Serbia and the Republic of Srpska have signed a joint statement on the implementation of the Gornja Drina hydropower project, which should start by early 2021 with the construction of the Buk Bijela hydropower plant.

The document was signed by Prime Minister of the Republic of Srpska Radovan Višković, and Prime Minister of Serbia Ana Brnabić.

Total investment is estimated at EUR 520 million

The project envisages the construction of three hydropower plants in the upper course of the Drina River – Buk Bijela, Foča and Paunci. Earlier, power utility Elektroprivreda Srbije (EPS) became the majority owner of the HES Gornja Drina firm, so it will have 51% ownership, while Srpska’s power utility Elektroprivreda Republike Srpske (ERS) will control the remainder.

The construction of HPP Buk Bijela should take six years

Prime Minister Ana Brnabić said the construction of the Buk Bijela hydropower plant is only the first phase of a larger project that would include two more hydropower plants.

Works in the project with a total worth of EUR 520 million will start with HPP Buk Bijela, as agreed at the joint session of the governments of Serbia and Srpska in 2018, said Brnabić.

The installed capacity of the three power plants will be 180 MW

Brnabić said Serbia is ready to build the Buk Bijela hydropower plant and that it could start early next year.

Prime Minister Radovan Višković said the three hydropower plants are a significant infrastructure project that would strengthen the economic development of Srpska and Serbia.

The project will deliver green energy

He also said the facilities would have an installed capacity of 180 MW and deliver green energy, a priority for Europe and the world.

The deadline for the construction of Buk Bijela is six years, and the investment is estimated at EUR 200 million. Višković asserted the joint venture was established to avoid complicated public procurement procedures.

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

north macedonia afd ministry just transition bozinovska francois vince rigoler latifi milevska

North Macedonia receives grant from France for grid modernization

17 October 2025 - French development agency AFD has officially became a partner of North Macedonia's Investment Platform for a Just Energy Transition

montenegro eu investment conference milojko spajic green data centers

Spajić: Montenegro wants to be country of green data centers

17 October 2025 - Milojko Spajić was one of the speakers at the keynote panel within the European Union – Montenegro Investment Conference

NGEN Austria most powerful battery energy storage system

NGEN inaugurates Austria’s most powerful battery energy storage system

17 October 2025 - NGEN Group commissioned its expanded BESS, which is again the largest grid-supporting facility of its kind in Austria

Ljiljana Velimirović wins Female Leader in Sustainable Energy 2025 award

Ljiljana Velimirović is the Female Leader in Sustainable Energy for 2025

17 October 2025 - Ljiljana Velimirović, Project Manager 1, Investment Sector, Serbian state-owned power utility Elektroprivreda Srbije, is the recipient of the Female Leader in Sustainable Energy award for 2025.