Leaders of EPCG and the Electric Power Industry of Serbia Discussed Continuation of the Activities Implemented Jointly on the Project HPP ‘Komarnica’

The Chairman of EPCG Board of Directors Srđan Kovačević and the member of the Board of Directors Ranko Milović have talked today in Belgrade with Milorad Grčić, Acting General Manager of the Public Enterprise Electric Power Industry of Serbia, Aleksandar Jakovljević, Director of the Sector for Strategy, Business Development and Regulation Relations of the Electric Power Industry of Serbia and Vladimir Marković, Director of the Sector for Key Investment Projects of the Electric Power Industry of Serbia as well as with Marina Andrijašević, representative of the Ministry of Mining and Energy of Serbia about continuation of the activities implemented jointly on the Project HPP ‘Komarnica’.

Meeting participants have agreed to set up the joint working group composed of members from the two companies to be tasked during 2017 with harmonizing provisions of the new Annex to the existing Contract on the Joint Implementation of the Project HPP ‘Komarnica’ as well as with preparing complete documents necessary to commence the work.

Given that, lately, an increasing number of companies has expressed serious interest in implementation of this project, representatives of EPCG and the Electric Power Industry of Serbia have agreed that the potential investors be allowed to have an access to the project documents, following completion of the Study on Research in Engineering Geology and Hydrogeology as well as the Photo-Geological Study.   

There have been several research works implemented with reference to the project HPP ‘Komarnica’ that was launched back in the 1980s, in order to obtain relevant data about the implementation thereof. The following companies were also involved in these activities, in addition to EPCG and the Electric Power Industry of Serbia: Elektroprojekt-Ljubljana, Energoprojekt-Belgrade, Zigma-Nikšić, Zavod za geološka istraživanja Crne Gore (Institute for Geological Research of Montenegro), Institut za vodoprivredu  ”Jaroslav Černi”-Beograd (‘Jaroslav Černi’ Institute for the Development of Water Resources), Hidrometeorološki zavod Crne Gore (Hydrometeorological Institute of Montenegro) and Energoprojekt Hidroinženjering-Belgrade.

Moreover, a reminder, the concrete arch dam with a height of 176 meters and 816 m.a.s.l. normal water level has been planned to be constructed in the canyon of the middle course of Komarnica River, at the profile of Lonci, with the reservoir of 260 million m3 total capacity, or 160 million m3 of a useful capacity which would occupy the territory of Šavnik and Plužine municipalities. The hydropower plant would have cca. 170 MW installed capacity, the installed flow of 130 m3/s and an average annual output of 200 GWh.