Electricity

Elektroprivreda BiH planning five major projects by 2020, including wind farm and hydro power plants

Photo: elektroprivreda.ba

Published

January 9, 2018

Comments

0

Share

Published:

January 9, 2018

Comments:

0

Share

The power utility Elektroprivreda Bosne i Hercegovine (EPBiH) is planning to start the construction of five new facilities to produce electricity, including the Podveležje wind farm, small hydro power plants on the Neretvica river and the hydro power plants Janjići and Una Kostela-Aneks over the next three year. The total investments in that period will stand at EUR 859 million, according to the company business plan for the 2018-2020 period.

The construction of block 7 at the Tuzla thermal power plant, the Podveležje wind farm and small hydro power plants on the Neretvica river should start in 2018 while work on the Janjići and Una Kostela-Aneks hydro power plants is planned to begin by the end of 2020.

“The goal is for two projects to become operational – Podveležje wind farm, small hydro power plants on the Neretvica river (stage I),” says the business plan which was adopted at the special session of the Elektroprivreda BiH d.d. – Sarajevo assembly.

The Elektroprivreda BiH d.d. – Sarajevo is planning to produce 21,873.6 GWh of electricity in the 2018-2020 period with a planned annual income of more than BAM 1 billion (EUR 500 million).

The business report for 2017 said that the Elektroprivreda BiH d.d. – Sarajevo registered losses of BAM 21.8 million (EUR 11 million) due to unfavorable hydrological conditions and higher expenses. The planned profits for 2018 were estimated at BAM 15.9 million (EUR 8 million) and for 2019 at BAM 34.4 million (EUR 17 million).

The Podveležje wind farm will have a capacity of 48 MW, and its projected annual production is 120 GWh. The total investment is worth EUR 83.2 million. EPBiH will invest EUR 17,8 million of its own money, while the rest will be secured from a EUR 65 million loan approved by the German Development Bank KfW.

The Neretvica small hydro power plant (SHPP) project consists of 15 SHPPs with an overall capacity of 24.5 MW. The project is worth a total of EUR 50 million. The first phase of the project includes 4 SHPPs with 9.4 MW installed capacity.

The hydropower plant Janjići will have a capacity of 15 MW with a projected annual production of 77.2 GWh. The total investment is worth EUR 55 million. The projected revitalization of the hydropower plant Una Kostela and capacity increase is worth EUR 16 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

Montenegro EPCG minimum price of 10 shares

Montenegro’s EPCG lowers minimum price for sale of 10% of its shares

05 August 2022 - Montenegro's state-owned utility EPCG cut the minimum price for its 10% stake to EUR 87 million from just above EUR 100 million

Kosovo emergency measures secure electricity supply

Kosovo* adopts emergency measures to secure electricity supply

05 August 2022 - Kosovo* introduced emergency measures for up to 180 days in the electricity supply sector because of the surge in power prices in Europe

Ravno municipality BiH solar wind power 200 MW

BiH’s Ravno municipality inks 200 MW in solar, wind power capacities

04 August 2022 - Investors signed contracts for wind and solar power plant of over 100 MW and a photovoltaic unit of up to 100 MW in Ravno in BiH

EU power gas prices smashing records drought EdF nuclear setback

EU power, gas prices smashing records amid drought, EdF’s nuclear plant setback

03 August 2022 - Low water levels in major rivers disturb the operation of nuclear power plants and the transportation of coal