News

Canton signs concession for EUR 1.99 million SHPP

Published

June 2, 2015

Comments

0

Share

Published:

June 2, 2015

Comments:

0

Share

Company Eko Energy DOO from Tešanj plans to build a small-sized hydropower plant (SHPP) worth 3.9 million marka (EUR 1.99 million), the Government of Zenica-Doboj Canton said, SeeNews reported.

The SHPP will be located on the Stavnja river, in the municipality of Vareš, 45 kilometers north of capital Sarajevo. The cantonal minister for agriculture, forestry and water management Himzo Smajić signed a 30-year concession contract with Eko Energy, the government said in a statement. Eko Energy’s director Zahir Skoljić said the company is ready to begin the construction works in the next 15 days.

Revenue of EUR 51,100 per year is expected from the concession fee, with 70% belonging to the municipality and 30% to the canton.

Zenica-Doboj is one of the 10 cantons of the Federation of Bosnia and Herzegovina, one of the two autonomous entities that make up the country. The other one is the Republic of Srpska.

 

Related Articles

Kosovo measure wind potential auctions public projects

Kosovo* to measure wind potential for auctions, public projects

02 March 2024 - Kosovo* is about to measure wind potential to present the data to foreign investors or develop public projects

Nikšić from solar and wind can produce enough electricity for the entire Montenegro

Solar, wind parks around Nikšić could power entire Montenegro

01 March 2024 - Solar and wind power plants in optimal locations in Nikšić could cover the electricity consumption of all households in Montenegro

dodik buk bijela hydropower montenegro mandic

Republic of Srpska offers Montenegro to join Buk Bijela hydropower project

01 March 2024 - President of the Republic of Srpska Milorad Dodik offered to Montenegro to join the construction of the Buk Bijela hydropower plant

Serbia to couple electricity market with EU by 2026 SEEPEX stojcevski

Serbia to couple electricity market with EU by 2026 – SEEPEX

01 March 2024 - Coupling will make it easier for the industry, as a consumer, and power producers to enter the electricity market