Montenegro’s EPCG signs 1.6 mln euro Komarnica HPP design contract
» Montenegro’s EPCG signs 1.6 mln euro…
PODGORICA (Montenegro), February 2 (SeeNews) – Montenegro’s power utility Elektroprivreda Crne Gore (EPCG) [MNG:EPCG] said it has signed a 1.6 million euro ($2 million) contract for the design of Komarnica hydro power plant (HPP).
The contract was signed with a consortium of Montenegro’s Institut za Vodoprivredu Jaroslav Cerni and Energoprojekt Hidroinzenjering, which will also be in charge of preparing a feasibility and environmental impact study of the construction project, EPCG said in a statement on Thursday.
The consortium will have 15 months to prepare the project design and documentation, the Montenegrin power utility said.
The construction cost and the technical characteristics of the HPP will be determined after the delivery of the feasibility study, EPCG added.
In October 2016, EPCG unveiled plans to analyse a project for the construction of a 170 MW hydropower plant in Komarnica, which will produce 200 GWh of electricity annually.
Republika Srpska to adopt new renewables incentive schemes by end-2019
Republika Srpska plans to introduce auctions for the construction of hydropower and solar power plants, as well as to continue using its power generation resources, including small and large hydropower plants and lignite-fired power plants. In an interview with Balkan Green Energy News, Petar Đokić, Minister of Energy and Mining of Republika Srpska, says that…
Croatia’s HEP Group posts EUR 184 million net profit for 2018
Croatia’s state-owned energy company Hrvatska Elektroprivreda (HEP Group) reported a net profit of HRK 1.36 billion (around EUR 184 million) in 2018, an increase of 5% compared to 2017. The profit came from the group’s electricity business, with losses seem in other segments of operations, according to HEP Group’s annual report. HEP Group posted an…
Electrica interested in CEZ assets in Romania – CEO
Romania’s state-owned power distribution and supply company Electrica is interested in buying the assets owned by Czech energy company CEZ in Romania, once they are put up for sale, Electrica CEO Georgeta Corina Popescu has said in an interview with Agerpres, Romania Insider reported. In addition to eyeing CEZ’s assets in Romania, Electrica is also…