Electricity

EPBiH signs concession for two solar PV plants

EPBiH signs concession for two solar power plants bugojno gracanica

Photo: Government of the Central Bosnia Canton

Published

July 18, 2022

Comments

0

Share

Published:

July 18, 2022

Comments:

0

Share

Power utility Elektroprivreda BiH (EPBiH) has signed a concession agreement for the construction of two solar power plants with a total capacity of up to 50 megawatts (MW).

The photovoltaic units will be built at the mine tailings dump site of the Gračanica coal mine in the municipality of Bugojno. State-owned EPBiH said it would invest EUR 30 million in the two facilities.

The contract was signed through a public call, for a period of 30 years from the day the power plants are put into operation. The construction period is estimated at 30 months.

EPBiH plans to build six solar power plants by 2030

During the concession period, EPBiH will pay the Central Bosnia Canton 1.5% of its annual gross revenue from the generated electricity as a concession fee. It will be calculated based on the current purchase prices for electricity produced in photovoltaic plants.

EPBiH announced that as part of its strategic determination to significantly increase the share of electricity from renewables until 2030, it plans to build PV facilities in the Breza, Kakanj and Kreka coal mines, on the ash and slag dump of the Tuzla coal power plant, and on the Podveležje plateau, where it has already installed its first wind farm.

The six solar power plants will have a total capacity of about 210 MW

The results of the solar radiation measurements at 10 locations showed investments in all six planned solar power plants would be profitable, and that their estimated installed power would be 210 MW in total, the company said.

The concession contract was signed by CEO Admir Andelija, Senad Salkić, Executive Director for Capital Investments of EPBiH, and Nisvet Hrnjić, Minister of Economy of the Central Bosnia Canton.

Of note, the Government of the Federation of BiH has decided to halt the utility’s the Tuzla 7 coal plant project.

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 measure wind potential auctions public projects

Kosovo* to measure wind potential for auctions, public projects

02 March 2024 - Kosovo* is about to measure wind potential to present the data to foreign investors or develop public projects

Nikšić from solar and wind can produce enough electricity for the entire Montenegro

Solar, wind parks around Nikšić could power entire Montenegro

01 March 2024 - Solar and wind power plants in optimal locations in Nikšić could cover the electricity consumption of all households in Montenegro

dodik buk bijela hydropower montenegro mandic

Republic of Srpska offers Montenegro to join Buk Bijela hydropower project

01 March 2024 - President of the Republic of Srpska Milorad Dodik offered to Montenegro to join the construction of the Buk Bijela hydropower plant

Serbia to couple electricity market with EU by 2026 SEEPEX stojcevski

Serbia to couple electricity market with EU by 2026 – SEEPEX

01 March 2024 - Coupling will make it easier for the industry, as a consumer, and power producers to enter the electricity market