Untitled Document

European bank funds Poland renewables, hydro project refurbishment

Bobrowice Hydropower Plant

The European Investment Bank (EIB) has agreed to lend up to 295 million zlotys (US$93.3 million) to Poland energy company Tauron Polska Energia S.A. for renewable energy investments including refurbishment of several Tauron Group hydroelectric projects.

With EIB support, Tauron Group is to expand its electricity distribution networks by about 11,000 new connections, upgrade existing equipment, and start a smart metering pilot program. Additionally, EIB is supporting modernization and refurbishment of several Tauron Group hydropower projects to increase their efficiency and generating capacity.

Including the current financing, EIB has made four loans to Tauron totaling 1.7 billion zlotys (US$538 million) to support investment in the Polish energy sector.

Tauron Ekoenergia operates 35 hydroelectric projects totaling 125.739 MW in three provinces of Poland. Among its projects are 2.422-MW Bobrowice 1, 312-kW Bobrowice 2, 126-kW Bobrowice 3, 1-MW Bobrowice 4, 4.8-MW Otmuchow, 7.585-MW Pilchowice and 2.94-MW Dabie.

Related Articles

Pakistan seeks governor, switchgear equipment for 3,480-MW Tarbela Dam hydro project

Pakistan's Water and Power Development Authority (WAPDA) seeks bids for a guard valve and sp...
Kelsey hydro project work

Manitoba Hydro extends call for head cover, hoist frame work at 250-MW Kelsey hydro project

Canadian utility Manitoba Hydro has extended the deadline for bids to perform head cover rep...

Corps awards contract for fixed cone valve for West Virginia's Summersville Dam

The U.S. Army Corps of Engineers has awarded a contract worth $875,000 to Integrated 8(A) So...

Recent Comments

Hydro Slideshows

more slideshows >>  

Hydro Whitepapers

Industry News

Editor's Picks

Volume 34, Issue 5
Volume 23, Issue 4

Buyers Guide Products