Renewables

Concession agreement for 54.6 MW wind farm in Kupres in BiH gets green light

wind-farm-concession-agreement

Photo: Pexels

Published

August 3, 2023

Comments

0

Share

Published:

August 3, 2023

Comments:

0

Share

The government of Canton 10 in the Federation of Bosnia and Herzegovina has approved the text of a concession agreement for the construction of a 54.6 MW wind farm in the municipality of Kupres.

The 30-year concession agreement was concluded with a Posušje-based firm called Koncig, and the locations of the wind farm are Debelo brdo and Turska mala.

The concession period is 30 years, with an annual fee at 1.5% of the revenue

The initial concession fee is EUR 12,300 and the annual fee will be equal to 1.5% of the total gross income from electricity production, according to a press release from the cantonal government.

The investment is estimated at about EUR 77 million

According to earlier reports, it would be one of the largest wind farms in Bosnia and Herzegovina, and it is expected to cost some EUR 77 million.

The wind farm should generate 150 GWh a year

The planned annual electricity output at the Kupres wind farm is 150 GWh.

The construction of the facility was initially planned to begin in 2016, and it was targeted for completion by 2017, but the project was delayed due to administrative procedures, according to earlier reports.

The area around Kupres, Livno, and Tomislavgrad in Canton 10 is suitable for the construction of wind power plants due to its significant wind energy potential.

The Federation of BiH or FBiH is one of the two entities making up Bosnia and Herzegovina and it consists of ten cantons. The other part is called the Republic of Srpska.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

krsko 2 nuclear power plant slovenia

GEN Energija: Krško 2 would cost at least EUR 9.3 billion at 1,000 MW

30 May 2024 - The figures are from the studies on grid connection and investment valuation for the Krško 2 nuclear power plant project, published by GEN Energija

alcazar energy daniel calderon western balkans belgrade energy forum 2024

Alcazar eyes new acquisitions in Western Balkans, eyes 1 GW of renewables

30 May 2024 - Alcazar Energy is developing wind farm projects with a combined capacity of almost 500 MW in the Western Balkans

Lignite plants getting pushed out of the market in the Balkans

Lignite power plants are pushed out of market in Balkans

30 May 2024 - PPC's brand new Ptolemaida 5 lignite plant was effectively pushed out of the market in May as uncompetitive

Fortis Group expand presence Balkans taking over two biogas power plants Serbia Velimir Gavrilovic Belgrade Energy Forum

Fortis Group expands presence in Balkans by taking over two biogas power plants in Serbia

29 May 2024 - Fortis Group is completing the purchase of two biogas power plants in Pančevo, Serbia, COO Velimir Gavrilović announced at Belgrade Energy Forum