AUSTRIAN DONATION FOR GEOTHERMAL POWER PROJECT
An agreement worth 1.5 million euros was signed yesterday in Skopje by the Austrian Ambassador to Macedonia, Philip Hoyos,on behalf of Austria and the Macedonian Minister of Economy, Vera Rafajlovska and Minister of Environment Imer Aliu will sign the agreement on behalf of Macedonia. The project will last for two years and the Austrian company, "Bluewaters" will be the implementator.
The donations will be used for realization of a project in Kocani called "Environmental recovery and energy rationalization of geothermal system geotherman -Kocani".
The main objective of the project is to establish a modern and effective solution to rational utilization of geothermal energy through full balance of under-ground conditions and stable environment. The project will provide a stable operation in the next 25 years through a model that can be applied not only in the Kocani's geothermal system but also in other enterprises dealing with exploitation and distribution of geothermal waters.
The Austrian Development Agency provides the biggest share of the donation contributing totally, 1.440.000 euros while the Macedonian Ministry of Environment and Spatial Planning will donate 50.000 euros. The public enterprise, Vodovod Kocani (Kocani Waterworks), will donate 40.000 euros and the Municipality of Kocani will donate 30.000 euros.
MD: This is what the delegation recently was worth for