The Serbian Ministry of Infrastructure and Energy has granted a location permit to Reservoir Capital Corp. for the construction of the 33.1-MW Brodarevo 2 hydropower plant.
The permit is valid for one year and allows Reservoir to “undertake preparatory work on the project, encompassing the temporary passage over the river, site access roads and river diversion”.
Feasibility studies for Brodarevo 2 and its sister plant, Brodarevo 1, were completed in June 2012 by consultant Energoprojekt Hidroinzenjering Co. Ltd. after receiving approval from the Serbian government that May. The plants are to be located between the towns of Prijepolje and Bijelo Polje on the Lim River.
“The location permit for Brodarevo 2 is very important, as it allows for construction work to begin as we await the building permit for the dam and power plant,” Reservoir Capital president and CEO Miljana Vidovic said. “This is a vote of confidence in Reservoir from the Serbian government to build the first greenfield hydro plant over 10 MWs in over 40 years.”
HydroWorld.com reported that Reservoir Capital — based in Vancouver, British Columbia — won a 30-year concession to develop the Brodarevo plants in January 2013.