Tag: TPP

TPP Maritsa 3 net profit increased in Q1 2017 – Bulgaria, 25 May 2017

Bulgarian thermal power plant Maritsa 3 reported a consolidated net profit in the amount of 1.1 million euros in the first quarter of 2017, which is twice the amount reported in the same period last year. The company’s total revenues increased to 3.63 million euros in the first three months of the year, compared to […]

EFT confirmed that it is seeking strategic partner for TPP Stanari – Bosnia and Herzegovina, 23 May 2017

EFT Group confirmed that it is actively seeking a strategic partner for its newly commissioned 300 MW thermal power plant Stanari and nearby coalmine. Spokesperson for the company said that since the start of regular production at TPP Stanari, EFT is seeking for a strategic partner in line with the long-term development strategy of the […]

Croatia seeks compensation for investment in TPP Gacko – Bosnia and Herzegovina, 23 May 2017

Bosnia and Herzegovina (BiH) could face another international arbitration dispute, this time related to Croatia’s request for compensation for its investments in thermal power plant Gacko in the early 90s. Minister of Foreign Trade and Economic Relations of BiH, Mirko Sarovic said that the Ministry received a request from Croatian state-owned power utility HEP for […]