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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Serbia Renewable Power Market Report 2017

The new report from Energy & Natural Resources Market Reports has been published today. It provides updated in 2018 year analysis of energy & natural resources industries. Serbia is a sovereign state situated at the crossroads of Central and Southeast Europe, covering the far southern edges of the Pannonian Plain (Vojvodina) (a region Central Europe) […]

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Albania’s KESH invites bids for power exports for Dec 29-31 delivery

TIRANA (Albania), December 28 (SeeNews) – Albania’s state-owned power corporation KESH said on Thursday it is inviting bids for the export of up to 22,410 MWh of electricity for December 29-31 delivery. The bidding deadline is December 28 and the preferred criteria will be the highest price offered, KESH said in a request for proposals […]

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Largest energy producer in Romania to inaugurate new hydro power plant

Romania’s largest energy producer Hidroelectrica, which is currently among the state’s most profitable companies, will open a EUR 58 million hydro power plant in December. It is the first such plant developed with public money after many years, said Bogdan Badea, Hidroelectrica’s general manager, quoted by News.ro. The power plant will be located on the […]

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Albania’s KESH sells 19,280 MWh of electricity for Jan 8-15 delivery

Albania’s state-owned power corporation KESH said it has sold 19,280 MWh of electricity worth 773,778 euro ($930,636) for delivery in the period January 8 – January 15. KESH announced and concluded the auction on January 5, with the highest price offered set as the most important criteria, according to the final report on bids posted […]

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Bulgaria’s NEK opens tender for rehabilitation of HPP Chaira

SOFIA (Bulgaria), January 3 (SeeNews) – Bulgaria’s state-owned National Electricity Company, NEK, has opened a tender for the rehabilitation of pumped-storage hydro power plant (HPP) Chaira, the European Bank for Reconstruction and Development (EBRD) said on Wednesday. Subject to the tender are all activities and components of the engineering service such as design, manufacture, delivery, […]

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