π Tender Overview
Scope of Work:
To Expand Kruonis Pumped Storage Plant near Kruonis, central Lithuania.
Description:
Ignitis, a Lithuanian state-run energy group, made a final investment decision on a project to expand the 900 MW Kruonis Pumped Storage Plant near Kruonis, central Lithuania. It will invest around β¬150 million ($164.2 million) to expand the facility, which is currently divided into four units, by another 110 MW.
The new unit, which is the object of the Contract, will have a wider range in generation mode compared to the previously planned unit, starting from 0 MW instead of 44 MW, and in pump mode it will be able to draw as low as 59 MW, while the previously planned unit had a minimum threshold of 77 MW.
Ignitis awarded the mentioned contract for the deployment of the fifth unit to German hydropower specialist Voigt Group, which is expected to finalize the project expansion initiative by the end of 2026.