Montenegro, Agreement on the second phase of HPP Perucica rehabilitation signed

, SEE Energy News

The representatives of Montenegrin state-owned power utility EPCG and Austrian company Voith Hydro have signed an agreement on the realization of the second phase of rehabilitation of hydropower plant Perucica.

The contract provides for the reconstruction and modernization of hydromechanical and electrical equipment on units A5, A6 and A7 of HPP Perucica. This will enable optimal management of the power plant and water potential in real time, as well as planning and optimization of the plant’s operation. The main goal is to extend the operational life and ensure high operational readiness of the plant, improve environmental protection, reduce the risk of breakdowns, and optimize exploitation and maintenance costs.

EPCG CEO Nikola Rovcanin said that the company has started a new investment cycle that envisages the diversification of electricity production, with a continuous increase in RES electricity production. In 2023, EPCG also expects to sign a new arrangement with the German Development Bank (KfW) for the installation of the eighth unit at HPP Perucica with a power output of 58.5 MW and a total value of up to 30 million euros.

Works on the reconstruction and modernization of HPP Perucica are divided into 18 groups and will be carried out in the period from 2023 to 2027.