EPCG, Končar DST sign EUR 2.3 million contract for HPP Perućica
Montenegro’s power utility Elektroprivreda Crne Gore (EPCG) has awarded a EUR 2.25 million contract for the equipment for Perućica hydropower plant (HPP) to a consortium established by Končar DST and Electro Team. The firms will deliver five transformers as well as spare parts and special tools. The contract was signed by Igor Noveljić, CEO of […]
Strabag, EPBiH both seek damages in arbitration over HPP Vranduk
Anonymous insiders from Elektroprivreda Bosne i Hercegovine revealed Strabag from Austria is seeking EUR 20.5 million for a hydropower project that essentially failed in 2016, Dnevni avaz wrote. News on the process initiated at the International Court of Arbitration in Brussels has been withheld for a while. At the same time, the utility based in […]
Solar power plant of 3.5 MW in Croatia’s Vis island nearly completed
Ivo Radica, head of the Municipality of Vis in Croatia, said that the solar power facility that is under construction at a plot of 5.7 hectares would be an excellent asset. The eponymous island will be recognizable at the tourist map for its own electricity source and the 3.5 MW unit will also give developer […]
Renewables tendering ahead in Macedonia as MEPSO signs transmission network modernization deals
Macedonia will launch tendering by end-2018 for the construction of new PV power stations and wind farms to be backed by premium tariffs, officials announced as state-owned electricity transmission system operator (TSO) MEPSO signed nine agreements worth EUR 18 million to modernize the country’s power transmission network, according to news releases from the Macedonian government […]
Croatian Končar to take over construction of Vranduk hydro power plant
The construction of hydropower plant (HPP) Vranduk in Bosnia and Herzegovina will be the sole responsibility of Croatian company Končar after Austrian Strabag withdrew from the project. Končar will take over the role of the consortium leader, daily Dnevni Avaz reported citing sources close to the state-owned power utility Elektroprivreda BiH (EPBiH)’s management. Strabag, the […]
Austrian Strabag withdraws from HPP Vranduk project in Bosnia and Herzegovina
Austrian Strabag AG has decided to withdraw from the project of construction of the hydropower plant Vranduk in Bosnia and Herzegovina, local and regional media reported. Member of the consortium which won the international tender for the construction of the HPP Vranduk, Croatian Končar – KET confirmed that Strabag has requested to increase the agreed price […]
Strabag and Končar late in delivering project documentation for HPP Vranduk
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 […]
Draft energy permit for Vranduk HPP approved
The Federal Ministry of Energy, Mining and Industry has greenlighted the draft energy permit for the construction of the hydropower plant (HPP) Vranduk on the river Bosna. The draft energy permit is granted to Elektroprivreda BiH (EPBiH) for the construction of Vranduk HPP with the installed capacity of 19.63 MW and the planned annual electricity […]


