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Contract of Hydro power plants on Velika Morava

16. August 2011. | 11:13

Source: Serbia-energy.com

Electric power of Serbia (EPS) and German company RVE Inogi signed yesterday the contract that determines the conditions for start of works on joint project company Morava Hydro power plants

Electric power of Serbia (EPS) and German company RVE Inogi signed yesterday the contract that determines the conditions for start of works on joint project company Morava Hydro power plants

The project includes the construction of at least 5 hydro power plants, with total output power of 150 MW with investment of 352 million euros.

The contract was signed by EPS General Manager Mr.Dragomir Markovic and representatives of RVE Inogi Mirko Faut and Milan Zuban.

Signing of the contract allowed the foundation and operational work of the joint company Morava hydro power plants which is expected within next month, it was stated in EPS.

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