Energy markets weekly: Brent,...

During the fourth week of August, Brent oil futures for the Front Month...

Europe: Electricity prices show...

During the fourth week of August, electricity prices in major European markets showed...

European electricity demand trends:...

During the last week of August, electricity demand rose in most major European...

European solar and wind...

During the week of August 25, solar photovoltaic (PV) energy production declined across...
Supported byClarion Energy
HomeSEE Energy NewsMontenegro, Signed contract...

Montenegro, Signed contract for HPP Kruševo

Representatives of Elektroprivreda (EPCG) and the Consortium consisting of the Institute for Water Management Jaroslav Černi and Gruner Balkans from Serbia, and Gruner Stucky SA from Switzerland, signed the contract on the Kruševo Hydroelectric Power Plant (HE).

As announced by EPCG, the contract was signed in Podgorica by the executive director of that company, Nikola Rovčanin, and the general director of the Water Management Institute, Jaroslav Černi, Dejan Divac.

– This document stipulates that the Consortium will carry out all tasks related to the development of a study of the use of the hydropower potential of the Piva River downstream of HPP Piva (HP Kruševo) with the development of a software platform to support the selection of the optimal variant – the announcement states.

Rovčanin pointed out that HPP Kruševo represents a very important project for the company, both in terms of expanding the production portfolio and in terms of continued investment in renewable energy sources.

– We are very much looking forward to cooperation with renowned partners, whose participation is a guarantee of quality, and for us this is a very important step forward in the context of the continuation of a large investment cycle, especially since the whole story is directed towards RES, which creates the preconditions for the successful implementation of the energy transition – said Rovcanin.

Divac said that the long-term cooperation between the two sides inspires trust. He pointed out that he is sure that this project will also be successfully implemented.

– We recently celebrated 75 years of work, which, we believe, is an indicator of a serious tradition, and our long-term partnership with EPCG is a guarantee of success in terms of the realization of this project as well. We are sure that we will carry out the work quickly and with high quality, to our mutual satisfaction – stressed Divac.

EPCG said that the value of the contracted work is EUR 219,000 without VAT, and that the deadline for the performance of services is May 11 of the following year, eKapija reports.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Energy markets weekly: Brent, TTF gas and CO2 prices show moderate fluctuations in late August

During the fourth week of August, Brent oil futures for the Front Month on the ICE market reached a weekly high settlement price of $68.80/bbl on Monday, August 25. Prices then fell 2.3% on Tuesday, August 26, hitting a...

Europe: Electricity prices show mixed trends in late August, forecasts point to September declines

During the fourth week of August, electricity prices in major European markets showed mixed trends compared to the previous week. The Nord Pool market in the Nordic countries recorded the largest weekly average increase at 58%. Italy’s IPEX market...

European electricity demand trends: August growth in most markets, UK declines

During the last week of August, electricity demand rose in most major European markets compared to the previous week. Italy saw the largest increase at 6.3%, followed by France at 3.2% and Germany at 2.1%. Spain recorded the smallest...
Supported byVirtu Energy
error: Content is protected !!