HEP Group to invest EUR 780 million in power networks by 2021
Croatian power utility Hrvatska Elektroprivreda (HEP Group) will invest HRK 4 billion (EUR 537 million) in the distribution network and more than HRK 1.8 billion (EUR 241 million) in the transmission network from 2018 to 2021, which will ensure the security of supply for the existing and future consumers in Croatia. Members of the Croatian […]
Montenegro to buy part of transmission network from Krnovo wind farm
The Government of Montenegro has decided to purchase a part of the power transmission infrastructure which France’s Akuo Energy has built for its Krnovo wind farm. A European Union grant of EUR 5.8 million has been secured for the transaction. The 110/35 kV Brezna substation with a connection to the existing Nikšić-Brezna transmission line, as […]
Serbian regulatory agency approved transmission system’s development and investment plans
The Council of the Energy Agency of the Republic of Serbia (AERS) has approved the Transmission System Development Plan for 2017-2026 and Transmission System Investment Plan for 2017-2019. Both Plans were adopted by the state-owned Joint Stock Company Elektromreža Srbije, Serbia’s transmission system operator. The ten-year transmission system development plan was drafted in line with […]
MEPSO and Siemens sign contract for Dubrovo substation revitalization
Electricity Transmission System Operator of Macedonia (MEPSO) and the consortium of Siemens and SisKon have signed a contract on revitalization of Dubrovo 400/110kV substation, worth EUR 4.6 million. With this project MEPSO starts new investment cycle in revitalization of the network, worth more than EUR 50 million. At the signing of ceremony held last week […]
Macedonia’s MEPSO planning to rehabilitate and modernize its power transmission grid
The Electricity Transmission System Operator of Macedonia AD MEPSO published tenders inviting proposals for goods and services for its project to rehabilitate and modernize its nation-wide power transmission grid along with a power system control project. The total investment in the projects is estimated to stand at EUR 40.5 million. The money to finance the […]
BiH failed to secure financial support for transmission line construction
Bosnia and Herzegovina (BiH) cannot access the EU funds due to the failure to comply with the Energy Community Treaty and the Third Energy Package of the EU directives. It also stopped the implementation of the project for the construction of a 400 kW transmission line which is to connect Serbia, BiH and Montenegro. Since 2014 […]
Albania, Germany sign second agreement on 400 kV transmission line to Macedonia
Germany and Albania signed an agreement on the second tranche of loan to finance the building of the 400 kV electric transmission line connecting Albania and Macedonia. The Albanian Minister of Energy and Industry, Damian Gjiknuri, and ambassador of Germany in Tirana, Susanne Schutz, signed the agreement in Tirana last week, completing a financial framework […]
HEP bolstering electricity supply in coastal areas
HEP Group said its Operator of Distribution System (HEP ODS) is investing more than HRK 500 million (EUR 66.8 million) in coastal areas aimed at contributing to Croatian tourism. The investments will allow for a significantly more secure supply of consumers on the Adriatic coast, as during the summer months their number is growing, the government-owned […]