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By observing the Republic of Serbia Energy Sector Development Strategy, the Public Enterprise 'Electric Power Industry of Serbia' and its strategic partner 'SECI' from Bologna plan to build ten hydropower plants on the Ibar River, with the total installed capacity of some 100MW. In this respect, during 2010 and 2011 geotechnical investigations were carried out on the basis of the geological investigations design for the Ibar River, Republic of Serbia. Geological-geotechnical investigations were executed on 10 dam sections at the length of some 40km of the Ibar River for the needs of the Preliminary Design with the Feasibility Study of the future hydropower plants. Basic objective of the obtained results is to consider relevant technical parameters required to develop the Preliminary Design and to provide baseline information necessary to perform the economic analysis under the Feasibility Study. This paper will analyse the funds invested into the executed geotechnical investigations compared to the expected effects to be achieved once the hydropower plants have been constructed. [ABSTRACT FROM AUTHOR]