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According to the EIB; the project consists of the rehabilitation of several large hydropower plants, construction of a 13 megawatt new hydro unit at the Potpec hydroelectric power plant, development and implementation of greenfield renewables.
Environmental authorisation has been delivered to Djerdap II HPP rehabilitation. Bistrita HPP was screened out in 2019 by the competent Authorities. The Promoter resubmitted the project to the competent Authority as the scope had slightly increased from the original design. Potpec HPP rehabilitation received its authorisation in 2018. Due to changes in the project (construction of an additional unit IV), the Promoter is carrying out the EIA to be sent to the Competent Authorities in 2024 to obtain the environmental authorisation and the subsequent building permit.
The operation is a framework loan to finance promoter's key green investments for the period 2024-2030 with a view to increase ultimately the national share of renewables to the target set by 2030. The project tentatively consists of i) the rehabilitation of 239 megawatt (MW) power units in of three hydropower plants (Bistrica hydroelectric power plant (HPP), Potpec HPP and Djerdap HPP) which are totalling 428 MW, ii) the construction of a new 13 MW unit at Potpec HPP, iii) several greenfield renewables of which more than 120 MW solar plants and iv) the rehabilitation of 129 MW Vlasinske hydropower cascade.
As stated on the company's website, Joint Stock Company Elektroprivreda Srbije is the largest company in Serbia, representing economic and energy backbone of the country. Main activities of EPS JSC are electricity generation, supply, distribution and trading.
| Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
|---|---|---|---|---|---|---|
| - | - | - | - | Javno Preduzece "Elektroprivreda Srbije" Beograd - EPS | Client | Energy |
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You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm
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