EPCG approves EUR 9 million investments in HPPs

The Board of Directors of power utility Elektroprivreda Crne Gore (EPCG) approved the overhaul of unit 2 of hydroelectric power plant (HPP) Piva and the revitalization of the HPP Perućica. These two projects are worth a total of EUR 9 million while the entire investments in the two HPPs are expected to reach EUR 40 […]

Bosnia seeks to avert loss of KfW funds in wake of HPP Salakovac project pullout

Bosnia and Herzegovina’s (BiH) Finance and Treasury Minister Vjekoslav Bevanda has organized a meeting with representatives of German development bank KfW and power utility Elektroprivreda BiH (EPBiH) in an attempt to prevent the suspension of multi-million projects in BiH financed by the German government, after EPBiH decided to abandon a project to reconstruct hydropower plant […]

EPCG inks deal for HPP Komarnica preliminary design plan

Montenegro’s electricity company Elektroprivreda Crne Gore (EPCG) has signed an agreement worth over EUR 1.6 million with a group of bidders from Serbia – Jaroslav Černi and Energoprojekt Hidroinženjering – to produce a preliminary design plan for hydropower plant (HPP) Komarnica. The contractors are also to prepare a feasibility study and an environmental impact study, EPCG has […]

Canadian company abandoned Brodarevo hydro project in Serbia

Canada-based Reservoir Capital have decided to abandon Brodarevo hydro project which included two hydropower plants (HPPs) Brodarevo 1 and Brodarevo 2 on Lim river in Southwest Serbia, with installed capacity of 59 MW. The decision comes after a decade-long development of the EUR 150 million project. Reservoir Capital announced that its wholly owned Serbian subsidiary, […]

Electricity January 25, 2018