Power utility EPHZHB logs EUR 19.7 million profit in H1
Public power utility Elektroprivreda Hrvatske Zajednice Herceg Bosne (EPHZHB) made a profit of BAM 38.7 million (around EUR 19.7 million) in January-June, up from BAM 452,076 (about EUR 230,000) in the first half of 2017. This is in keeping with strong results posted by power utilities elsewhere in the region on the back of good […]
SHPP Mesići-Nova breaks even after 3.5 years of operation
The Mesići-Nova small hydropower plant (SHPP) near Rogatica, with an installed capacity of 5 MW, broke even on the BAM 10 million (EUR 5 million) investment after three and a half years of operation, said Ljubomir Mrda, director of Elektrodistribucija Pale, a subsidiary of power utility Elektroprivreda Republike Srpske (ERS). SHPP Mesići-Nova was put into […]
Company established for HPP Buk Bijela’s construction
Public power utility Elektroprivreda Republike Srpske (ERS) and its subsidiary Hidroelektrane na Drini have established a Foča-based joint venture, Hidroelektrana Buk Bijela, for the production and sale of electricity, news agency Srna reported. The agreement on the establishment of the joint venture was signed by ERS acting director Radmila Čičković and Nedeljko Perišić, director of […]
Power utility EPBiH swings to EUR 15 million net profit in H1
Power utility Elektroprivreda BiH (EPBiH) reported a net profit of around BAM 28 million (some EUR 15 million) in the first half of 2018, after posting a loss of nearly BAM 23 million (about EUR 12.4 million) in H1 2017. The financial data is partly due to poor hydrological conditions and bad weather last year […]
Funds secured for wastewater collection, treatment project in Zenica
An agreement on a EUR 4.75 million donation from the Swiss government marks the final step in securing EUR 19.2 million for the wastewater collection and treatment project in the City of Zenica, Bosnia and Herzegovina (BiH). Agreements on the donation from the Swiss State Secretariat for Economic Affairs (SECO) and cooperation with German development […]
Banja Luka in talks with EBRD on loan of up to EUR 10 million for water supply projects
Banja Luka Mayor Igor Radojičić and the European Bank for Reconstruction and Development’s (EBRD) representative Josip Polić signed a letter of intent on August 1 concerning a loan of up to EUR 10 million for construction works on the primary and secondary water supply network, the city said in a news release. Negotiations with the […]
ERS posts EUR 28.6 million profit in H1, presses ahead with HPP, small HPP, wind park projects
Elektroprivreda Republike Srpske (ERS) reported a EUR 28.6 million profit in the first half of 2018, acting General Manager Radmila Čičković has told Srna, local media reported. All production and distribution units of ERS, the power utility of Bosnian Serb entity Republika Srpska, except the Gacko coal mining and thermal power plant complex, operated in […]
Aarhus Centre lodges court complaints against environmental permits for HPPs Buk Bijela, Foča
The Aarhus Resource Centre Sarajevo has submitted two complaints to the District Court in Banja Luka against the environmental permits for the Buk Bijela and Foča hydropower plants (HPPs) on the river Drina in Bosnia and Herzegovina (BiH) near the border with Montenegro, CEE Bankwatch Network, one of the largest networks of environmental civil society […]