Serbian power utility starts 45MEUR investment project 23 mini hpp

14. June 2013. / News Serbia Energy

The Electric Power Industry of Serbia (EPS) has reached an agreement on a EUR 45 million investment with the European Bank for Reconstruction and Development (EBRD) to begin the construction of several new and to renovate a number of existing small hydro power plants in Serbia, Dusan Zivkovic, head of the EPS investment sector, has said.

The hydro power plants are located in the southeastern and southwestern Serbia, where the water potential is the greatest, Zivkovic explained.

“Our goal is that by the end of the year, after completing the ongoing documentation preparation and obtaining permits, we proceed to open separate invitations to tenders for all the 23 power plants,” Zivkovic said.

The construction is planned of a number of new hydropower plants in the southeastern and southwestern Serbia, on the Drina, Ibar and Morava Rivers, and two pumped-storage hydroelectric power plants Bistrica and Djerdap III, he added.

Zivkovic recalled that one third of the energy the EPS produces comes from water resources.



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