Serbia's 2,400MW Djerdap 3 Hydro Power Project Kick-off Seen in up to 3 Yrs

BELGRADE (Serbia), November 4 (SeeNews) – The construction of a 2,400 megawatt hydro power station in eastern Serbia could get underway over the next two to three years, Belgrade-based news media reported.

Preliminary estimates suggest the cost of the Djerdap 3 power station could run up to nearly 6.0 billion euro ($8.6 billion), news daily Vecernje Novosti (www.novosti.rs) reported, quoting CEO of state-owned Djerdap hydro power complex Dragan Stankovic as saying late on Wednesday.

Germany's RWE has expressed interest in the project, Stankovic also said.

The planned capacity of the Djerdap 3 power station equals 34% of the current electricity generation capacity of Serbian power monopoly EPS.

The Djerdap hydro power complex, on the river Danube, was built jointly by Serbia and Romania and was commissioned in 1971.

The Djerdap 1 and Djerdap 2 hydropower plants have a capacity of 1,058 MW and 270 MW, respectively.

No power plants have been built in Serbia over the past 20 years.

($=0.7016 euro)

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