Reconstruction of Vlasina Hydropower Plant project will be funded with WBIF EU grant €16.1 M and EBRD loan (est.) €61.6 M. Expected completion is in 2028.
Vlasina hydropower system was constructed in two stages, 1946-58 and 1972-77, with an installed capacity of 128 MW. Due to the long exploitation period and equipment malfunctioning, the cascade currently has an output of only 60-80 MW. This project will replace all generation units, electromechanical and hydromechanical systems and control equipment. These investments will ensure a reliable and safe operation of the cascade over the next 30 years, with an output of 136 MW. The plants are expected to produce 309 GWh annually, equivalent to the energy demand of 93,000 households.