Electricity

SHPP Mesići-Nova breaks even after 3.5 years of operation

Photo: Pexels

Published

August 14, 2018

Comments

comments icon

1

Share

Published:

August 14, 2018

Comments:

comments icon

1

Share

The Mesići-Nova small hydropower plant (SHPP) near Rogatica, with an installed capacity of 5 MW, broke even on the BAM 10 million (EUR 5 million) investment after three and a half years of operation, said Ljubomir Mrda, director of Elektrodistribucija Pale, a subsidiary of power utility Elektroprivreda Republike Srpske (ERS).

SHPP Mesići-Nova was put into operation in 2015, after Elektrodistribucija Pale secured funds for the investment. The equipment for the power plant was delivered from the Czech Republic, Italy, Bulgaria, Serbia, Slovenia, and Croatia.

The production plan for the entire 2018 was practically met in the first five months of the year, thanks to the good hydrological conditions, Mrda said, the Srna news agency reported. Since the day the hydropower plant was put into operation, it has generated 96 GWh of electricity worth BAM 10,154,000 (EUR 5 million), Mrda noted.

He said that SHPP Mesići-Nova is a run-of-the-river hydropower plant with three units and a projected annual production of 23.5 GWh. The plant is operated by 30 employees.

SHPP Mesići-Nova should generate electricity for at least 70 years, which demonstrates the profitability of investments in the power sector, Mrda said.

Comments (1)
Arjan Visser / August 27, 2018

Wow, impressive. Would be happy to have a more precise look at the numbers.
The number of 30 people employed, are probably part of the construction companies. During operations, for sure you do not need that many (and you would not be able to reach the pay back of 3,5 years). I also wonder whether all preparation costs were included (studies, permits), as well as some donated funding iin doing so. But all in all, impressive numbers!

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

bih elektroprivreda republike srpske ers loss 2025 trebinje petrovic

BiH’s power utility ERS reports EUR 29 million loss in 2025

27 April 2026 - Elektroprivreda Republike Srpske CEO Luka Petrović said the company operated under extremely difficult circumstances last year

New Akuo Southeastern Europe interview Bruno Bensasson

New Akuo is powering up in Southeastern Europe

27 April 2026 - The energy crisis is underscoring the necessity of renewables for energy security, alongside climate goals and competitiveness, CEO of Akuo Bruno Bensasson tells Balkan Green Energy News

croatia geolgical co2 storing ccs agency balen susnjar krpan

Croatia to analyze potential for geological CO2 storage

27 April 2026 - A grant agreement for the carbon dioxide capture and storage project was signed as part of the National Recovery and Resilience Plan

Italy revive coal plants gas price hits EUR 70 per MWh

Italy may revive coal plants if gas price hits EUR 70 per MWh

27 April 2026 - In an emergency, if the prices of gas reach EUR 70 per MWh, Italy may need to reactivate its coal power plants that are on standby