EHC delivered completed pre-feasibility studies on the projects in July 2010, recommending a capacity increase from the original application case of 48MW to 58.4MW, with a corresponding increase in output from 189GWh per year to 232GWh per year.

The proposed feasibility studies, scheduled for delivery in August 2011, will include environmental studies, hydrological modeling, geotechnical drilling, the remaining design work required for project financing and the issue of building permits, and preparation of bidding documents for contractors.

Reservoir Capital is a renewable energy company, engaged in development of a 58.4MW hydroelectric project at Brodarevo in Serbia.