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Montenegro Awards Concession for 624 kW Rastak HPP Project

2.5.2012 16:02:00 | Author/Source www.seenews.com

Montenegro has awarded a concession to the firm Kol Energy for the construction of a small hydro power plant (SHPP) in the northern municipality of Kolasin, the country's economy ministry said.

The investment costs for the Rastak SHPP, with a planned installed capacity of 624 kilowatts, is estimated at 1.16 million euro ($1.5 million), the economy ministry said on its website.

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