The project at the Kriva Reka (“meandering river”) power plant site is our fifth in North Macedonia. Following the extensive planning phase, the construction of the small hydro power plant started in October 2017. We acquired the concession for this small hydropower plant in September 2012. We submitted the development plan to the Macedonian government in January 2012 and, on its approval, began work on acquiring the land rights. After a long delay, this power plant was finally granted its final operating license in the first quarter of 2023.
