Investments in power plants on the Drina are a chance for the region

05.11.2021. / 17:00

TREBINJE – Electric power companies of the Republic of Serbia and the Republic of Srpska will successfully complete the construction of hydroelectric power plants on the upper course of the Drina and have opportunities to work together on new projects and investments, the directors of these companies Milorad Grcic and Luka Petrovic said today after the meeting.

Photo: ERS

At the meeting at the headquarters of the Electric Power Industry of Serbia (EPS) in Belgrade, they discussed the progress of the Gornja Drina hydropower system project, potential joint projects, electricity exchange, and the possibilities of harmonizing power plant overhaul plans and strengthening cooperation.

One of the types of cooperation with ERS is the project we started together on the construction of HES “Gornja Drina” with hydroelectric power plants “Buk Bijela”, “Foca” and “Paunci” worth 520 million euros, which will produce about 700 million kilowatt-hours a year. The importance of such a project can be seen especially during the European and world energy crisis. “Serbia is expanding its energy borders and all people living on the left side of the Drina are getting security,” Grcic pointed out, and it was announced from the ERS.

He said that he expects the construction of power plants on the Drina to be understood in Sarajevo and that the realization of the project will be accelerated after that.

V. d. Director General of “Elektroprivreda Republike Srpske” Luka Petrovic said that the joint venture EPS and ERS is already performing preparatory works and preparing the construction site of HPP “Buk Bijela”, the first of three hydropower plants in the Gornja Drina system and that the interference coming from political figures from the Federation of BiH may interfere with this project.

“An important project for both EPS and ERS is the Srednja Drina hydropower system, in which three hydroelectric power plants, worth 870 million euros, with a capacity of 320 megawatts, with a production of 1,200 MWh per year, would be built between Zvornik and Bajina Basta. We also talked only with the representatives of “Elektroprivreda BiH” and we want all interested energy entities to be involved in this project. “, Petrovic pointed out.

He added that EPS also expressed interest in participating in some way in the HPP “Boka” project at the Sutorina site, which is being developed by ERS and EPCG. HPP “Boka” would have a capacity of 250 megawatts and an annual production of about 1,330 MWh.

“ERS and EPS can raise cooperation to a higher level in the field of investment, electricity trade and energy network development. We can harmonize the overhaul work plans for the power plants, which has now proved important, and could relieve both companies financially. We are launching projects that have been waiting for decades and I hope that this generation will open works and facilities, as well as new perspectives for the survival of our people in this area and our future energy independence, which is our ultimate goal. “, concluded Petrovic.

The meeting at the EPS headquarters was attended by the Management Boards of Elektroprivreda Srbije and Srpske.

Source: – Informacija je capital by

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