Tag: modernization

Lukoil Neftochim to invest 173 million euros in its TPP upgrade – Bulgaria, 26 January 2021

According to the Commission for Energy and Water Regulation (KEVR), Bulgarian oil refiner Lukoil Neftochim Burgas, a subsidiary of Russian Lukoil, is planning to invest some 173 million euros by 2024 in the modernization of its thermal power plant. In 2021, the company plans to purchase new turbi Full article available for subscribers of Energy […]

ELCEN to modernize its power plants – Romania, 27 November 2020

Romanian Minister of Economy and Energy Virgil Popescu said that Bucharest-based electricity and heat producer ELCEN has submitted three projects for the modernization and increasing the efficiency of its Progresu, Bucuresti Vest and Bucuresti Sud power plants worth 370 million euros. Minister Po Full article available for subscribers of Energy NEWS service (PDF publications, energy […]

Agreement on the revitalization of unit three of HPP Piva signed – Montenegro, 26 November 2020

Montenegrin state-owned power utility EPCG signed an agreement on the revitalization of the third unit of hydropower plant Piva with a consortium consisting of Slovenian Litostroj and Serbian Elektroremont. The value of the works, which include the complete reconstruction and repair of hydro-mech Full article available for subscribers of Energy NEWS service (PDF publications, energy […]