Bulgaria’s state-owned National Electricity Company, NEK, said it has opened a 3.8 million levs ($2.4 million/1.9 million euro) tender for the supply and installation of hydro power plant (HPP) control systems

SOFIA (Bulgaria), February 2 (SeeNews) – Bulgaria’s state-owned National Electricity Company, NEK, said it has opened a 3.8 million levs ($2.4 million/1.9 million euro) tender for the supply and installation of hydro power plant (HPP) control systems. The tender envisages the supply of control systems for HPP Batak, HPP Peshtera and HPP Aleko, all located […]

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The need for a dynamic and efficient energy market is also the case for the Western Balkans and Albania. There is a significant deficit in the overall energy balance in the Western Balkans

By Per Strand Sjaastad* Good energy policy is, basically, about ensuring sufficient and stable supply, at affordable prices in an efficient and competitive market, and – at the same time – without destroying the environment or the climate. The energy sector generates huge values in society. It also forms the basis for value creation in […]

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Natsionalna Elektricheska Kompania EAD is inviting tenders for rehabilitation of its 864-MW Chaira pumped storage hydro plant in Bulgaria

Chaira is located in the Rila mountains about 100 km southeast of Sofia, the capital city. The underground power plant contains four reversible Francis pump-turbine units. Units 1 and 2 have been in operation since 1995, and Units 3 and 4 began operating in 1999. The upper compensating basin for Chaira is the Belmeken Reservoir. […]

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Albania plans to launch power exchange next January

TIRANA, Feb 16 (Reuters) – Albania plans to launch a power exchange next January and the government will choose partners to run it alongside the state-owned Transmission System Operator, a government official said on Friday. Albania’s parliament passed legislation on Thursday paving the way for the government to move ahead with its plans for the […]

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EBRD seeks to invest up to 450mn euros a year in Serbia

KOPAONIK: The European Bank for Reconstruction and Development (EBRD) will seek to invest up to 450 million euros a year in Serbia over the next five years, focussing on the transport network, green energy and agribusiness, a bank executive told Reuters. “Our objective to keep at the level we’ve been doing, which is something around […]

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EximBank offers guarantees for Romanian company’s contract in Jordan

Romanian state-owned lender EximBank has issued two guarantee letters worth USD 23 million for Hidroconstructia, one of the biggest Romanian construction companies, which will allow it to carry out a USD 115.5 million contract in Jordan. Hidroconstructia won the contract last year after an international tender organized by Jordan’s Arab Potash Company (APC). “The contract […]

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Serbia’s EPS to complete overhaul of Zvornik HPP by end-2019

BELGRADE (Serbia), January 24 (SeeNews) – Serbia’s state-owned power utility Elektroprivreda Srbije (EPS) plans to complete the overhaul of turbines A3 and A4 of Zvornik hydro power plant (HPP) by the end of 2019, the company’s managing director, Milorad Grcic, has said. After the completion of the upgrade project, the total installed capacity of the […]

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Serbia plans to build HPPs on Ibar, Morava rivers – energy min

BELGRADE (Serbia), January 24 (SeeNews) – Serbia’s government is considering construction of hydropower plants (HPPs) on the Ibar and Morava rivers in order to modernise the country’s electricity generation sector, energy minister Aleksandar Antic has said. The new hydro power plants will have capacity of 120 MW and 150 MW, Serbia’s state-owned power utility EPS […]

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Albania’s KESH sells 75,600 MWh of electricity for Jan 22- Feb 4 delivery

TIRANA (Albania), January 22 (SeeNews) – Albania’s state-owned power corporation KESH said on Monday it has sold a total of 75,600 MWh of electricity worth 2,86 million euro ($3.5 million) for delivery in the January 22 – February 4 period. KESH announced and concluded the auction on January 20, with the highest price offered set […]

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Croatia’s HEP to invest 1 bln kuna (134 mln euro) in 2017

ZAGREB (Croatia), September 19 (SeeNews) – Croatian state-owned power utility Hrvatska Elektroprivreda (HEP) plans to invest a total of 1 billion kuna ($160.5 million/133.8 million euro) in 2017 to boost the security of electricity supply to a growing number of customers, the board member of the company, Sasa Dujmic, said. The investments of the company […]

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