The whole project of Geothermal Power Plant, based on a very high temperature of geothermal water sources (190-220°C), consists of four units and envisages to be implemented in two phases. The first phase includes the construction of first unit, co-generation for electricity and heat production from geothermal energy. Other three units (hot water over 100°C distribution system foreseen for the needs of the Town of Slatina, hot water under 100°C distribution system for the needs of particular sub-project and process water distribution system) are planned to be implemented two years after the start of operation of co-generation plant.
Construction, installation and start of operation for the geothermal power plant is expected to be completed till the end of 2017 with capacities:
10 MW of electricity,
65 t/h of heat production,
30 t/ h of hot water.
Total land area required for the project is 5,000 m2.
Currently, the project is not included in energy sector incentive system defined by the National Action Plan for Renewable Energy Sources (NAP).
The project is located in the Virovitica – Podravina County, near Town of Slatina, in Business Zone Trnovaca, on the lot area of 21,679 m2, above the rich reservoirs of geothermal water sources.
The owner and project holder, the private company Dravacel Ltd., envisages the development of three green-field projects on the same location: construction of a new factory for pulp and paper production, construction of 10 MW geothermal power plant (co-generation of electricity and heat production from geothermal energy) and construction of 15 MW bio-power plant (co-generation of electricity and heat production from biomass).
Is the project contained in national/sub national infrastructure plan or strategy
Please outline any studies (for example environmental, engineering etc.) that will be completed prior to a full business case development
Opportunity for Private Sector Involvement
Debt - Private Sector, Not yet known
Stage 3: Start of Project Feasibility / Business Case
Legal Advisors Appointed
Financial Advisors Appointed
Technical and Other Advisors (inc Project Preparation Facility) Appointed
Is a Business Case Being Prepared?
Business Case Prepared By
Preparer company/department name
Estimated Business Case Completion Date
Estimated Time To Start Of Procurement
Unable to be estimated at this time
Any other relevant information relating to the project process
-ESIA - Environmental Impact Assesment Study for development of project completed,
-Location and building permits obtained,
-Technical project documentation completed,
-Pre-investment study completed,
-Concession rights for exploration of geothermal energy obtained.
-Energy permit is in progress by Ministry of Economy, Entrepreneurship and Crafts.