Elektroprenos BiH approves EUR 88.9 million investment plan for 2020


Photo: Shareholders' assembly meeting (FBiH)


June 18, 2020





June 18, 2020




The shareholders’ assembly of electricity transmission company Elektroprenos – Elektroprijenos BiH has approved the EUR 88.9 million investment plan for 2020.

The adoption of the plan is the result of an agreement between the prime ministers of the Federation of Bosnia and Herzegovina (FBiH) and the Republic of Srpska (RS) Fadil Novalić and Radovan Višković, following a three-year blockade of the company owned by the two entities, which make up in Bosnia and Herzegovina.

According to local media, Višković said that around EUR 66.4 million would be own funds while that the rest would be secured through loans. Out of the total amount, EUR 35.7 million is allocated for investments in RS.

The company earmarked EUR 66.4 million of its own funds, and the rest will be loans

The investment plan includes the Banja Luka 1 and 2 substations, with an estimated value of EUR 766,000, Srebrenica-Ljubovija transmission line, Pale-Jahorina transmission line, a new substation on Jahorina mountain, as well as an anti-corrosion protection of transmission lines, with an estimated value of EUR 1.02 million in RS and EUR 1.53 million in FBiH. The plan also envisages EUR 3.06 million for the company’s building in Mostar.

The investment plan for 2020 will be submitted to the State Electricity Regulatory Commission for approval. After the approval, a tender for the contractors could be published.

The shareholders’ assembly also gave its consent for investments worth more than EUR 1 million.

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


Kosovo* allocates EUR 40 million to cover unpaid electricity bills in northern municipalities

11 August 2022 - Residents of the four Serb-majority municipalities in the north of Kosovo* have not been paying electricity bills for over two decades

SEEPEX chief Power prices Southeastern Europe EUR 500 MWh fourth quarter

SEEPEX chief: Power prices in Southeastern Europe reach EUR 500 per MWh for Q4 2022

11 August 2022 - Futures for settlement in the fourth quarter indicate an electricity price in Southeastern Europe of EUR 500 per MWh, chief of SEEPEX Miloš Mladenović said


Drought lowers hydropower plant output in Serbia, Europe

10 August 2022 - The water flow in Serbia's hydropower system dropped by a half, increasing the need for electricity imports, but the situation is similar across Europe

Norway power export controls drought hydropower reservoirs

Norway to impose power export controls

09 August 2022 - Norway is preparing a framework for limiting electricity exports at times when the levels of water in hydropower accumulations are low