Koncar to take over HPP Vranduk project – Bosnia and Herzegovina, 19 September 2017

According to unofficial source close to Bosnian power utility EPBiH, Croatian company Koncar will take over the project for the construction of hydropower plant Vranduk as the lead contractor after the Austrian Strabag has withdrew from the project.
The Supervisory Board of EPBiH has been informed on Koncar’s proposal and it is expected to made final decision very soon. EPBIH has agreed to this kind of cooperation because it is much more favorable than calling for a new tender. It is agreed that Kocčar, as the leader of the consortium, selects a domestic company to build the HPP Vranduk as the Croatian company is specialized in turbines delivery. In the meantime, the dispute with Strabag is expected to be resolved by 25 September, when the court in Vienna will consider determining the deposit for the work done so far on the construction of the plant.

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