ERS formally marked the start of construction of the Mrsovo hydropower plant, with a capacity of 37.3 MW. The investment, worth around 100 million euros, has been entrusted to Turkish company NGA. ERS took over the project at the beginning of the year from Russian company Comsar.
The Mrsovo facility in eastern Bosnia and Herzegovina will have an average annual production of 140.6 GWh of electricity, state-owned coal and power producer Elektroprivreda Republike Srpske said.
The investment is worth 98 million euros.
The location is on the lower course of the Lim river, three kilometers downstream from Mrsovo village and nine from the town of Rudo.
General Manager of ERS Luka Petrović said Mrsovo would pay off in just 12 years at current electricity prices.
The Turkish company will build a concrete gravity dam with a height of 37 meters, along with the associated facilities, while the equipment will be provided by Austrian manufacturer Voith, he added.
Petrović said the contractor already owns four hydropower plants and that it guarantees that the Mrsovo project would be built within 31 months.
ERS is providing the financing through its subsidiary ERS-Obnovljivi izvori energije, which will oversee the works, Petrović explained.
