Serbia's EPS to invest 600 mln euro in HPP overhaul works by 2025 - Hydro Balkans
+44 207 394 30 90 (London)

Serbia’s EPS to invest 600 mln euro in HPP overhaul works by 2025

Главная » News » Serbia’s EPS to invest 600 mln euro in HPP…

Author: grendelkhan. License: Creative Commons, Attribution-ShareAlike 2.0 Generic.
BELGRADE (Serbia), August 28 (SeeNews) – Serbia’s state-owned power utility Elektroprivreda Srbije (EPS) plans to invest 600 million euro ($716 million) in the overhaul of its hydropower plants (HPPs) until 2025, Aleksandar Jakovljevic, head of corporate strategy department at EPS, has said.

The modernisation projects will allow the company to increase the installed capacity of its hydropower plants by some 166 MW from the current 3,000 MW, Jakovljevic said in a video file posted on the website of Serbian news agency Tanjug on Friday.

The primary objective of overhaul works is to extend the life span of the hydropower plants but technological advancements make it possible to increase the installed capacity of the plants as well, he noted.

EPS has invested a total of 200 million euro in the overhaul of its hydropower capacity so far, Jakovljevic added.

In May, Jakovljevic said EPS had already completed works on the overhaul of Bajina Basta hydropower plant, while similar projects for the Zvornik and Djerdap I hydroelectric plants were being executed.



EBRD has acquired stake in Ictas Surdurulebilir Enerji Yatirimlari, the renewable energy arm of Turkey’s IC Holding for $100m

The EBRD’s investment is expected to provide new boost to Turkey’s renewable energy sector. Ictas Surdurulebilir Enerji Yatirimlari owns a portfolio of ten hydropower plants with a total capacity of 400MW. With the funding, the company expects to invest in wind and solar power with a combined capacity of up to 250MW. The investment will…

Romania’s Govt. renews promises for 10% IPO at Hidroelectrica

Romania’s Government plans to launch an initial public offer (IPO) for the sale of a 10% stake in hydropower producer Hidroelectrica and a 15% stake in coal and power company CE Oltenia, according to the 2019-2022 Convergence Program, passed by the Government on May 8. The offers would include the issuing of new shares by…

EPCG’s new investment cycle focuses on portfolio diversification, hydropower projects

A Belgrade consortium comprising engineering firm Energoprojekt Hidroinženjering and water management institute Jaroslav Černi has been selected to produce a conceptual design for hydropower plant (HPP) Komarnica, and has already prepared an environmentally acceptable technical solution, which paves the way for the construction of the power plant following decades of research, Igor Noveljić, CEO of…