| Project Detail |
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
Objectives
The operation is a framework loan to finance promoters 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.
Sector(s)
Energy - Electricity, gas, steam and air conditioning supply
Under Global Europe NDICI guarantee
Under EFSD+ Guarantee
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
EUR 408 million |
