HEP to invest HRK 3.5 bn for reconstruction of power plants

The president of the Management Board of the national electricity provider HEP, Perica Jukic, on Friday said that the company would invest HRK 3.5 billion by 2020 in the reconstruction and revitalisation of hydro-electric power plants (HE) in the country.

Jukic made the announcement in Zupa Dubrovacka at the official celebration of 50 years of the HE Dubrovnik, the first to be reconstructed as part of a wide-scale plan to upgrade power plants around the country. The value of the project is HRK 3.6 billion and it will secure 120 megawatts (MW) of additional power.

That will place HEP alongside leading European electricity suppliers in terms of renewable energy, Jukic said.

Reconstruction of the HE Dubrovnik, valued at HRK 320 million, was completed in January this year and it increased the plant's capacity by 36 MW to a total of 252 MW. This provides HEP with an opportunity for additional annual production of almost 100 gigawatthours (GWh) of certified green energy.

HEP executives inspected the newly constructed Srdj substation (TS) valued at HRK 136 million, which was launched for a test run at the start of the year and which together with the Plat substation is part of the Dubrovnik Programme facilitating secure electricity supplies for southern Croatia.

"The Srdj and Plat substations, together with the Komolac station, form a ring of electricity supply facilities for Dubrovnik," Jukic said, adding that the city and its environs now have secure electricity supplies.

Last update: Fri, 11/03/2016 - 17:57
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