Concession agreement signed for 50 MW Vlašić wind farm in BiH

State-owned power utility Elektroprivreda Bosne i Hercegovine (EPBiH) and the Central Bosnia Canton have signed a concession agreement for the Vlašić wind farm near Travnik, along with annexes to the concession agreements for solar power plants Gračanica 1 and Gračanica 2 in the municipality of Bugojno.

The Vlašić wind farm will have up to nine wind turbines with a total capacity of 50 MW, installed at an elevation of 1,850 meters. The projected annual electricity output is between 112 GWh and 116 GWh, and the investment is estimated at EUR 90 million, according to a statement by EPBiH.

Wind farm Vlašić is expected to generate up to 116 GWh of electricity annually

Germany’s KfW Development Bank is providing a loan and grants for the project totaling EUR 38.43 million, and the Council of Ministers of Bosnia and Herzegovina, the country’s central government, adopted draft agreements for the arrangement in late December 2025.

The concession agreement, signed by EPBiH General Manager Sanel Buljubašić and Minister of Economy of the Central Bosnia Canton Sedžad Milanović, covers the construction, operation, and maintenance of the Vlašić wind power plant, reads the statement.

The first wind farm in Bosnia and Herzegovina, Mesihovina, was inaugurated in 2018, followed by Jelovača in 2019 and Podveležje in 2021.

Last year, wind farms Ivovik and Ivan Sedlo were put into operation. In addition, EPBiH plans to build a 90 MW wind park called Bitovnja, while Elektroprivreda Republike Srpske (ERS), the state-owned power utility of the Republic of Srpska, has reactivated the 60 MW Hrgud wind farm project.

Bosnia and Herzegovina consists of two entities: the Republic of Srpska and the Federation of BiH, which controls EPBiH.

Solar plants Gračanica 1 and Gračanica 2 will have a total capacity of 45 MW

The statement recalls that the Gračanica 1 and Gračanica 2 solar power plants would have a combined capacity of 45 MW and notes that a building rights agreement was concluded in December 2025. It also states that activities related to grid connection are currently underway, alongside procedures concerning land expropriation and repurposing.

EPBiH has secured loans for the project from the European Bank for Reconstruction and Development (EBRD) and UniCredit Bank’s subsidiary in BiH. The sites are at a rehabilitated tailings dump of the Gračanica coal mine.

As part of the EPBiH Solar Transition Programme, implemented in cooperation with the EBRD, the state-owned power utility plans to build 13 solar power plants with a total capacity of around 195 MW.