Montenegro's EPCG to invest 2.1 mln euro in Piva HPP overhaul - Hydro Balkans
+44 207 394 30 90 (London)

Montenegro’s EPCG to invest 2.1 mln euro in Piva HPP overhaul

Main » News » Montenegro’s EPCG to invest 2.1 mln euro in…

PODGORICA (Montenegro), March 29 (SeeNews) – Montenegrin power utility Elektroprivreda Crne Gore (EPCG) said it plans to invest 2.1 million euro ($2.26 million) in an overhaul of unit A1 of Piva hydro power plant (HPP).

The overhaul will be carried out in the next six months, EPCG said in a statement on Tuesday.

Piva produced 109.8 GWh of electricity In the period between January 1 and March 27, EPCG added.

The power plant operates three helical turbines with vertical shaft with a total capacity of 360 MVA.

Piva produced 792.46 GWh of electricity last year, or 26.2% of the aggregate output of power stations in Montenegro, EPCG said.

The Montenegrin government is EPCG’s majority owner with a 57% stake. Italian group A2A owns 41.75%.

($ = 0.929042 euro)

MORE:

IFC, North Macedonia to study hydro plant value

World Bank Group member IFC is to assess the value of a planned hydropower plant in Macedonia as part of an agreement recently signed with the Government of North Macedonia. The preliminary assessment on the Cebren project will assess the hydro plants value to the country and the region, including how it will help North…


Montenegro approves 33 mln euro loan guarantee for HPP Perucica overhaul

PODGORICA (Montenegro), August 2 (SeeNews) – Montenegro’s government has decided to issue a 33 million euro ($36.6 million) loan guarantee in a project for the overhaul of the 307 MW hydropower plant (HPP) Perucica, it said on Friday. The guarantee will cover a 33 million euro loan to be extended by German development bank KfW…


China’s AVIC offers to finance, build HPP Buk Bijela, 4 small hydropower plants

China National Aero-Technology International Engineering Corporation (AVIC) has expressed interest in the construction of three large hydropower plants (HPPs) – Buk Bijela, Foča, and Paunci – and four small hydropower plants (SHPPs), the Ministry of Energy and Mining said on its website. Energy and Mining Minister Petar Đokic met with potential partners from China –…