Electricity

EKO-REM inks deal for mini hydropower plant Jabuka

EKO-REM

Published

July 12, 2016

Comments

comments icon

0

Share

Published:

July 12, 2016

Comments:

comments icon

0

Share

Prime minister of Bosnian-Podrinje Canton Goražde Emir Oković signed a concession contract with Mensud Pekmez, director of company EKO-REM from Sarajevo for the construction of mini hydropower plant Jabuka on the river Kolina near Ustikolina.

The contract foresees exploitation in the next 30 years and the construction of a power plant with 700 kW in capacity and annual production of 3.1 GWh.

Total investment value is estimated at BAM 2.3 million (EUR 1.2 million). According to the announcement on the regional government’s website, electricity generated in this facility will fully meet all the needs of the local population at Jabuka, as well as part of the needs in the canton. Thanks to the contract, the cantonal budget will receive BAM 42,000 (EUR 21,500) as a one-time fee, and citizens of the municipality of Foča in the Federation of Bosnia and Herzegovina and environmental associations will also have the benefit, the article said. The federation is one of two entities making up BiH.

Local firms will be hired on the construction of the mini hydropower plant, which should be completed in October. According to announcements, the investment will enhance energy stability and new employment is also planned.

So far, EKO-REM has implemented several projects in the eastern Bosnian region, including the construction of a mini hydropower plant on the river Kosovo*. Oković said the government is satisfied with the fulfillment of obligations from the previous contract.

* This designation is without prejudice to positions on status and is in line with UNSCR 1244/99 and the ICJ Opinion on the Kosovo declaration of independence.

Related Articles

Turkish geothermal power plant operator drill for geothermal lithium

Turkish renewables firm to drill for geothermal lithium

26 July 2025 - Margün Energy intends to search for lithium in geothermal water in western Turkey, where it took over a 12 MW geothermal power plant

eu smart meters acer list slovenia croatia

Slovenia tops EU list for most smart power meters, Croatia among laggards

25 July 2025 - At the top of the list of European Union member states with the highest number of smart meters are the Scandinavian countries and Italy

serbia wind farm plandiste nis met dubravka djedovic

Government of Serbia interested in taking over Plandište wind project

25 July 2025 - Plandište is one of the projects that obtained feed-in tariffs under the first quota of 500 MW for wind power plants in Serbia

Project 81 MW solar park on coal mine in Montenegro

Project underway for 81 MW solar park on coal mine in Montenegro

24 July 2025 - The Government of Montenegro gave a provisional green light for a solar power plant of 81.1 MW in peak capacity on coal land in Pljevlja