Power utility EPCG and the Ministry of Energy and Mining signed an annexe to the concession agreement for the small hydropower plant Otilovici. This will enable further progress of the project. The government earlier confirmed that all prerequisites for the realization of this project have been met.
The Ministry stated that the strategic commitment of the government is to base electricity production on renewable energy sources.
The project envisages the construction of a small hydroelectric power plant with an installed capacity of 2.6 MW, aiming for an annual electricity production of 11 GWh.
