August 4, 2004 [SolarAccess.com] VA Tech Hydro is set to embark on a follow up contract for the modernization of unit 3 of the Jablanica Hydro Power Station, Bosnia-Herzegovina, 80km south of Sarajevo. The hydroelectric power plant in Jablanica provides 18% of Bosnia’s power, serving the central and oriental districts of the country. The contract follows the successful refurbishment of four units in the past three successive years for Elektroprivreda Bosne I Hercegovine (EP BiH), Bosnia’s largest electricity provider. VA Tech Hydro will supply the Jablanica plant, which dates back to 1954, among other components with a new runner, distributor, turbine shaft and a governor with the corresponding hydraulic unit. Delivery of the mechanical parts will be made within 13 months and the company will also supervise the installation of the equipment. Within less than 23 months the plant will be fully operational. The modernization will increase the plant’s peak power by 22%. Once all units are modernized, the additional annual energy production of more than 50,000 MWh will supply 100,000 households with clean energy. This follow up project is entirely self-financed in Bosnia.