May 20, 2016
May 20, 2016
State-owned utility Elektroprivreda Bosne i Hercegovine d. d. (Electric Utility of Bosnia and Herzegovina) issued a call for offers of engineering, procurement, supply and construction services for 15 wind energy converters, a substation and all relevant works.
The tender is part of implementation of Podveležje power plant near Mostar, in the country’s south. The company also known as EPBiH said the deadline for applications is August 18.
“This is the biggest investment in the Federation of Bosnia and Herzegovina after the war, even bigger than the construction of hydropower plant Vranduk, which is underway. We expect the start of electricity generation in 2018,” said Senad Salkić, chief capital investment officer of the utility.
Upon signing a contract on May 9 on cooperation with the City of Mostar, EPBiH will pay the local government BAM 1 million (EUR 510,000) as its share of infrastructural investment. The company said on its website the two entities defined a programme for the project including the reconstruction of a road of 2.5 kilometres, adapting it for the equipment transport, top asphalt layer on a reconstructed road of 2.2 kilometres and other infrastructure in the community of Podveležje.
The concession contract was amended to prolong the deadline for completion until the end of 2018. EPBiH was represented by chief executive Bajazit Jašarević, assisted by investment head Senad Salkić, while the annex was signed by Željko Laketić, economy minister of Herzegovina-Neretva Canton, and Mostar mayor Ljubo Bešlić inked the infrastructure programme.
KfW Development Bank from Germany financed the project with a loan of EUR 65 million, while total worth is EUR 84.4 million. Fifteen turbines are planned to be installed at the locations of Mali grad and Sveta gora. Total capacity is 48 MW and expected output is 120 GWh per year.
The city council decided to build a wind power plant in 2007, but the realization of the project was postponed several times.