STRABAG building hydroelectric power plant in Bosnia-Herzegovina
Facts & Figures
STRABAG UNIT:
STRABAG AG, Spittal a. d. Drau
CONTRACT VALUE:
€ 57 million
STRABAG SHARE:
63.4 %
ORDER BACKLOG: Q1/16
SEGMENT:
South + East
CLIENT:
JP Elektroprivreda BiH d.d., Sarajevo
Contact
STRABAG SE
Diana Neumüller-Klein
Head of Corporate Communications
& Investor Relations Tel. +43 1 22422-1116
diana.klein@strabag.com
- Contract value € 57 million
- 20 MW hydroelectric plant on the river Bosna
Sarajevo, 11 January 2016 A consortium consisting of Austrian construction and technology group STRABAG and Croatian industrial company Končar has been awarded the contract to build the Vranduk power plant on the river Bosna on behalf of energy supply company JP Elektroprivreda BiH. STRABAG AG, with a share of 63.4 %, is leading the consortium. The 20 MW hydropower plant will be completed for € 57 million within a period of 46 months.
The contract includes the planning of the power station, the construction, supply and installation of all plant and equipment, as well as testing and commissioning. The station will be equipped with three Kaplan turbines.
"We are pleased to be contributing to the development of a regional, sustainable infrastructure with the construction of this power plant", remarks STRABAG Division Manager Dragan Pavelic on the occasion of the contract signing on 8 January 2016 in the presence of Martin Prammer, the Austrian ambassador to Bosnia-Herzegovina.
STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Our services span all areas of the construction industry and cover the entire construction value chain. We create added value for our clients by our specialised entities integrating the most diverse services and assuming responsibility for them. We bring together people, materials and machinery at the right place and at the right time in order to realise even complex construction projects - on schedule, of the highest quality and at the best price. The hard work and dedication of our more than 73,000 employees allows us to generate an annual output volume of about € 14 billion. At the same time, a dense network of numerous subsidiaries in many European countries and, increasingly, on other continents is helping to expand our area of operation far beyond the borders of Austria and Germany. More information is available at www.strabag.com
Image:Visualisation of the Vranduk power plant
Image credits: XYZ, JP Elektroprivreda BiH d.d., Sarajevo