Renewables

Concession deal signed with Suzlon to build, operate 25.2 MW wind farm

Photo: Sarajevo Canton government

Published

May 23, 2018

Comments

comments icon

0

Share

Published:

May 23, 2018

Comments:

comments icon

0

Share

The Sarajevo Canton government today signed a concession agreement with Suzlon Wind Energy BH, a subsidiary of India’s wind turbine supplier Suzlon Energy, to build and operate a 25.2 MW wind farm, according to a press release on the government’s website.

The Ivan Sedlo-Hadžići wind farm will be the canton’s first. The investment is worth around EUR 30 million, and the canton will award a 30-year concession to Suzlon, said the canton’s Economy Minister Muharem Šabić, adding that the project will generate 25 MWh of electricity annually.

The concession is renewable for up to 15 years, according to the press release.

Šabić also said that the permitting and ownership process will now ensue, adding that construction on the wind farm could begin within a year.

According to the press release, 60% of the concession income will go to the Hadžići municipal coffers and 40% to the budget of the Sarajevo Canton.

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

Trump scraps US climate policy blocks offshore wind exits Paris Agreement

Trump scraps US climate policy, blocks offshore wind, exits Paris Agreement

21 January 2025 - President Donald Trump substantially reversed the US energy and climate policy. He is withdrawing the country from the Paris Agreement again.

Hungary suffers highest cross-border electricity price volatility spillovers in EU

21 January 2025 - IMF has examined wholesale electricity price volatility and its spillover effects across 24 countries in the European Union

Trump declaring energy emergency Drill baby drill

Trump declaring energy emergency to ‘Drill, baby, drill’

20 January 2025 - In his inauguration address, United States President Donald Trump vowed to bring energy prices down, with an emphasis on raising oil and gas production

serbia azerbaijan gas power plant nis memorandum eps srbijagas dubravka djedovic

Serbia to sign gas power plant memorandum with Azerbaijan

20 January 2025 - Dubravka Đedović Handanović spoke about a gas power plant project in Serbia with Deputy Minister of Economy of Azerbaijan Anar Akhundov