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

0

Share

Published:

November 18, 2020

Comments:

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

Household solar power systems overload Cyprus electricity grid

Household solar power systems overload Cyprus electricity grid

27 January 2023 - The distribution and transmission system operators in Cyprus asked for a freeze in issuing licenses for small solar power installations for self-consumption

cwp montechevo solar montenegro

CWP enters Montenegrin renewables market with 400 MW solar project

26 January 2023 - The investment is valued at around EUR 360 million, while the development and construction of the project are planned in phases

EPCG to install 47 MW solar power plant within Niksic steelworks

EPCG to install 47 MW solar power plant at Nikšić steelworks

26 January 2023 - Power utility Elektroprivreda Crne Gore bought the company in Nikšić for EUR 20 million from Turkish company Tosçelik.

Germany two green hydrogen pipeline projects EU countries

Germany to build two green hydrogen pipelines with other EU countries

26 January 2023 - Germany joined the H2Med project and is also working on a green hydrogen pipeline project with Belgium in the North Sea