Canton grants concession for SHPP in Olovo


July 28, 2015





July 28, 2015




As investor Energonova DOO from Sarajevo agreed to a fee of 10% and to invest at least BAM 80,000 (EUR 40,920) in village infrastructure, the authorities of Zenica–Doboj Canton approved the concession for the construction of a small hydropower plant in Petrovići in the territory of Olovo, in central part of Bosnia and Herzegovina.

The future object on Stupčanica river will also bring a one-off fee of EUR 42,260 to the region’s treasury, calculated based on the investment of EUR 2.82 million. The article on the official website of the canton adds projected capacity for the plant is 1.555 kW and that yearly generation will be up to 4.9 GWh, which would bring the yearly fee to more than EUR 30,680. The project had received goahead with its spatial documentation.

Related Articles

Wind turbines on the sea.

Ørsted issues blue bonds, vows to recycle solar panels, wind turbines

09 June 2023 - Danish renewable energy giant Ørsted said it would invest EUR 64 billion to achieve 50 GW in installed capacity by 2030

Federation of BiH to invest USD 70 million in air quality improvement sarajevo

Federation of BiH to invest USD 70 million in air quality improvement

09 June 2023 - The World Bank has approved a USD 50 million loan to the Federation of Bosnia and Herzegovina

Romania financial support nuclear power projects Cernavoda 3 4

Romania pledges financial support for nuclear power projects Cernavodă 3, 4

09 June 2023 - The Romanian Government is backing state-owned Nuclearelectrica in the project for units 3 and 4 in the Cernavodă nuclear power plant

EU modernization fund Bulgaria Croatia Romania

EU pays out EUR 1.4 billion to Bulgaria, Croatia, Romania for green transition

09 June 2023 - The European Union's Modernization Fund has paid out EUR 2.4 billion for the seven member states, which is the joint largest disbursement