Electricity

Strabag and Končar late in delivering project documentation for HPP Vranduk

Photo: https://creativecommons.org/licenses/by-nc/2.0/legalcode

Published

May 4, 2017

Comments

0

Share

Published:

May 4, 2017

Comments:

0

Share

Construction works on Vranduk hydropower plant (HPP Vranduk) have been stalled. According to local media reports, the consortium comprising Austrian Strabag and Croatian Končar has delayed in delivering project documentation while trying to revise upwards the cost of the project, proposal to which the supervisory body was reluctant.

The project of state power utility EPBiH on the Bosna river in Zenica municipality is worth EUR 74 million, whereas the utility invests EUR 11 million from its own funds and EUR 63 million is invested by EBRD and EIB through the loans. Once constructed this run-of-river diversion facility with a number of units functioning as a whole will have installed capacity of 19.63 MW, while the planned annual production will be 96 GWh.

Construction of the HPP Vranduk was officially launched on September 8 last year. The dynamics have been slowed down by the consortium in charge of project execution comprising Austrian Strabag and Croatian Končar engineering since they failed to deliver the project documentation of the main project on time.

According to information from EPBiH, two out of three packages of project documentation have been delivered by now. As a consequence to the delays, the construction permit for this project has not been delivered yet.

Allegedly, main reason for the delay is in the increase of project cost in the amount of EUR 6.5 million and attempt of Strabag to amend the project documentation in parallel with the construction works.

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

credit-solar-prosumers-ers

Republic of Srpska offers households credit to install solar panels

16 August 2022 - The credit program aims to enable 50,000 households across the Republic of Srpska to install solar panels and become prosumers

power-plant-ecological-reconstruction-shutdown

7-month shutdown of TPP Pljevlja planned for 2024 as part of ecological reconstruction

16 August 2022 - TPP Pljevlja's ecological reconstruction will not require a temporary shutdown in 2023, but a 7-month stoppage is planned for 2024

BIG Shopping Centers buys 70 MW solar power project in North Macedonia

BIG Shopping Centers buys 70 MW solar power project in North Macedonia

16 August 2022 - BIG Shopping Centers took over a 70 MW photovoltaic project in North Macedonia, which it plans to expand to 105 MW

Montenegro utillity EPCG halve minimum price for sale 10 stake

Montenegro’s utillity EPCG to halve minimum price for sale of 10% stake

15 August 2022 - After two failed bidding rounds for a 10%, stake, EPCG said the government can decide to switch to the stock market for the share sale