Bloomberg News

Serbia’s EPS Launches Its First Hydro Plant in Twenty Years

December 01, 2011

Dec. 1 (Bloomberg) -- Elektroprivreda Srbije, Serbia’s state-owned power monopoly, started production at Prvonek, its first new hydroplant in more than 20 years.

With 910 kilowatts of installed capacity, Prvonek cost 1.55 million euros ($2.1 million) to build with expected annual output of 2.5 million kilowatt hours to 3 million kilowatt hours, the Belgrade-based company, also known as EPS, said in an e-mailed statement. France-based Andino Hydropower Engineering and local ATB Sever AD, part of ATB Austria Antriebstechnik supplied turbines and related equipment.

Financed solely by EPS, Prvonek on the Banjska River in southern Serbia, is the first in a series of new hydroplants the company is developing to increase production from renewable sources. Hydro facilities account for a third of EPS’s total installed capacity of 8.36 gigawatts.

--Editor: Douglas Lytle

To contact the reporter on this story: Misha Savic in Belgrade at msavic2@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net


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