FBiH Parliament approves Tuzla 7 guarantee despite Energy Community objection
The House of Representatives of the Parliament of the Federation of Bosnia and Herzegovina (FBiH) has approved a guarantee for a EUR 614 million loan from the Export–Import Bank of China’s (Chexim – China Exim Bank) to state-owned power utility Elektroprivreda BiH (EPBiH) to build a new, 450 MW unit of the Tuzla coal-fired power […]
Kopač, ERS general manager discuss Third Energy Package, new energy laws
Power company Elektroprivreda Republike Srpske’s (ERS) commercial activities – production, trade, and supply – should be liberalized, which will cause electricity price changes, but the RS will be given a transitional period, Energy Community Secretariat Director Janez Kopač said in a meeting with the ERS management, while ERS acting general manager Luka Petrović announced the […]
EPBIH’s net profit surges to nearly EUR 27 million in 2018
State-owned power utility Elektroprivreda BiH reported a net profit of BAM 52.4 million (some EUR 26.8 million), up some 84 times compared to 2017, when it stood at BAM 620,282 (about EUR 317,000). The company’s net profit in 2018 was also higher than in 2016, when it was at BAM 12.9 million (around EUR 6.6 […]
Independent lawyers’ report confirms Tuzla 7 guarantee contains elements of state aid
Independent lawyers have confirmed the Energy Community (EnC) Secretariat’s finding that the Tuzla 7 guarantee contains elements of state aid, the Secretariat said in a press release. It asked the State Aid Council of Bosnia and Herzegovina (BiH) to re-examine the guarantee in line with the EnC state aid acquis. A week ago, the Secretariat […]
Serbia, Republika Srpska to jontly build HPP Buk Bijela
Serbia and Republika Srpska (RS) intend to jointly build the hydropower plant (HPP) Buk Bijela, the two sides said after the sixth Serbia-RS energy committee session chaired by energy and mining ministers of Serbia and Republika Srpska – Aleksandar Antić and Petar Đokić. The construction of HPPs Foča and Paunci is in the pipeline, and […]
Pumped-storage plant Čapljina to deliver half of 2019 output to ERS
Pumped-storage hydropower plant PHE Čapljina will deliver half of its output in 2019 to Elektroprivreda Republike Srpske (ERS), in what will be the first time in about 15 years for the Bosnian Serb entity’s state power utility to receive electricity from PHE Čapljina, according to ERS General Manager Luka Petrović, local media have reported. Under […]
Siemens, EPBiH sign contracts worth EUR 69 million for Podveležje wind farm
State power utility Elektroprivreda BiH (EPBiH) and a consortium led by Croatia-based Siemens Gamesa have signed two agreements, worth some EUR 69 million, on the construction and five-year maintenance of 15 wind turbines at the Podveležje wind farm, with a total installed capacity of 48 MW, according to a statement from EPBiH. The consortium, comprising […]
GGF extends EUR 1 million to LIDER to on-lend for energy efficiency, small renewable energy equipment
The Green for Growth Fund (GGF), an impact investment fund advised by Finance in Motion, has joined hands with the Microcredit Foundation LIDER to promote energy efficiency and use of small renewable energy equipment among households and farmers in Bosnia and Herzegovina through a loan of EUR 1 million. The loan, along with the complementary […]