Romania’s Hidroelectrica, Austria’s Verbund Hydro Power sign memo on cooperation
Romanian majority state-owned hydro power producer Hidroelectrica said it has signed a memorandum of cooperation with Austrian utility Verbund Hydro Power. The two companies will cooperate in the joint development of projects and the implementation of design, construction and equipment solutions based on the latest technologies in the energy field, Hidroelectrica said in a statement on Tuesday. The MoU also provides for transfer of information and know-how between the two companies, optimization of maintenance and repair activities, as well as finding innovative solutions for the implementation of EU’s environmental protection directives. “Two very powerful companies have decided to share know-how resources and team work to identify and subsequently implement viable development projects. We see in the cooperation with Verbund Hydro Power a real opportunity, from which both companies will surely benefit,” Bogdan Badea, chairman of Hidroelectrica’s management board, said in the statement. Hidroelectrica’s net profit rose by an annual 34% to 962 million lei ($240 million/207 million euro) in the first half of 2018. Verbund is one of Europe’s largest hydro power producers. (1 euro=4.6590 lei)
The CEO of KESH will present a report on the renovation of 3 large HPPs
The CEO of KESH (Albanian public operator) – Mr. Agron Hetoja – will present a report on the renovation of 3 large HPPs on the river Drin, with the capacity of 1.350 MW, including Fierza HPP, Komani HPP, and Vau i Dejës HPP. The is trustworthy information. They will also probably dwell upon the construction…
Natsionalna Elektricheska Kompania EAD presents hydropower investment projects at the Summit «Hydropower Balkans 2017»
Bulgarian public NEK EAD company-operator has confirmed the readiness to present a report on rehabilitation and modernisation of 5 HPPs: Chaira 844 MW, Belmeken 74 MW, Sestrimo 240 MW, Momina Klisura 120 MW, Vacha 14 MW. Overall investment volume is € 37m.
China’s Dongfang shows interest in construction of Dabar HPP in Bosnia
SARAJEVO (Bosnia and Herzegovina), July 6 (SeeNews) – China’s Dongfang Electric Corporation is interested in the construction of the 160 MW Dabar hydro power plant (HPP) in Bosnia, the Balkan country’s Foreign Investment Promotion Agency (FIPA) said on Thursday. Representatives of Dongfang have submitted a letter of intent for this project to the government of…