Electricity

EPBiH adopts business plan 2020-2022, plans to invest EUR 951 million

EPBiH-business-plan-investment-vranduk

Image: HPP Vranduk should be built on the Bosna river (EPBiH)

Published

June 5, 2020

Comments

comments icon

0

Share

Published:

June 5, 2020

Comments:

comments icon

0

Share

Power utility Elektroprivreda BiH (EPBiH) plans to invest EUR 951 million through 2022, according to business plan for 2020-2022.

The document was adopted by the shareholders’ assembly.

Investments are planned in the production and supply of electricity, for capital projects, recapitalization of mines, and non-electricity subsidiaries, as well as joint projects, EPBiH said on its website.

The main investments include unit 7 in TPP Tuzla, HPP Vranduk, Podvežje wind farm, SHPPs on Neretvica river

The main items are the start of the construction of unit 7 in thermal power plant Tuzla, commissioning and start of production in Podveležje wind farm and in small hydropower plants on the Neretvica river, further implementation of the hydropower plant Vranduk project, as well as other power plants.

The assembly dismissed and appointed new members of the supervisory board and the audit committee

The investments were also part of the company’s business plan 2019-2021 adopted at the end of 2018.

At the proposal of the FBiH government, the assembly dismissed and appointed new members of the supervisory board and the audit committee. The assembly also adopted the business report for 2018.

EPBiH: As far as we know, Konjic didn’t halt the construction of SHPPs

One of the investments from the newly-adopted business plan is the construction of SHPPs on the Neretvica river which has been attracting a lot of public attention in recent days.

Two weeks ago the locals prevented the beginning of construction of the two SHPPs – Srijanski most and Gorovnik ušće, while civil society organizations prepared lawsuits against the construction.

EPBiH expects the authorities to provide access to the construction site

According to EPBiH’s press release, the company is not aware of any decisions of the Konjic municipal council on the suspension of the construction of SHPPs on the Neretvica and expects the relevant authorities to ensure access to the construction site.

The construction of the two SHPPs is a carefully prepared project during a long period of time, it said.

The two power plants will produce green energy and contribute to the reduction of polluting emissions, the company added.

EPBiH so far invested millions in the preparation of the two projects and obtained all the necessary approvals. The construction will involve domestic companies and workers, and the total investment is EUR 9 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 zorana sekulic interview hydrogen program action plan ministry of energy

Sekulić: Montenegro is preparing for a hydrogen energy era

20 February 2026 - Zorana Sekulić, Director of the Directorate for Oil and Gas at the Ministry of Energy and Mining, is finishing doctoral studies in hydrogen

coal mining

Coal miners’ woes threaten electricity production across region

20 February 2026 - Miners at Romania’s coal complex CE Oltenia have staged protests, including hunger strikes, over plans to scrap meal vouchers and cut wages

montenegro electricity integration package eip market coupling energy community

Montenegro wraps up transposition of EU’s Electricity Integration Package

20 February 2026 - Montenegro has completed the transposition of the EU’s Electricity Integration Package, according to the Energy Community Secretariat

Albania KESH draft energy storage strategy with French help

Albania’s KESH to draft energy storage strategy with French help

20 February 2026 - Albanian state-owned KESH intends to draft an energy storage strategy with assistance from EDF and the French Development Agency (AFD)