Electricity

HPP Bogatići Nova put into operation after EUR 9.45 million investment

Photo: ERS

Published

September 7, 2018

Comments

comments icon

0

Share

Published:

September 7, 2018

Comments:

comments icon

0

Share

Power utility Elektroprivreda Republike Srpske (ERS) has put into operation hydropower plant (HPP) Bogatići Nova, with an installed capacity of 9.96 MW, built in an investment of BAM 18.5 million (about EUR 9.45 million).

HPP Bogatići Nova, on the Željeznica River near Sarajevo, should generate an average of 46.26 million KWh of electricity a year, according to a statement from ERS.

HPP Bogatići Nova is expected to have annual revenues of BAM 5 million (about EUR 2.55 million), in what will enable the company’s further development and investments and create new jobs, said Ljubomir Mrda, director of ERS’ subsidiary Elektrodistribucija Pale.

Republika Srpska has invested more than BAM 3 billion (EUR 1.53 billion) in the construction of power generation facilities to date, with plans to boost the figure to BAM 11.5 billion (EUR 5.87 billion), according to Republika Srpska Minister of Industry, Energy, and Mining Petar Đokić, who officiated at the HPP Bogatići Nova commissioning ceremony, held on September 4.

The commissioning of another hydropower plant, Bočac 2, is planned in September, Đokić said, recalling that the construction of Buk Bijela, a 93 MW hydropower plant on the Drina River, is in the pipeline.

At the ceremony, Republika Srpska Minister of Spatial Planning, Civil Engineering and Ecology Srebrenka Golić handed Mrda a use permit for HPP Bogatići Nova, according to reports.

Dodik says will not allow ERS to be sold

Republika Srpska President Milorad Dodik, who also attended the ceremony in Trnovo, said that he would not allow ERS to be sold, according to Glas Srpske.

The construction of HPP Bogatići Nova is the result of a decision made in 2006, after the previous government had signed an agreement to draw a loan and sell ERS, said Dodik, adding that his first task when he took office as prime minister in 2006 was to block that move, according to Glas Srpske.

Dodik also recalled that Republika Srpska will build two new hydropower plants in cooperation with Serbia.

In late August, the governments of Serbia and Republika Srpska signed a memorandum on the joint construction of hydropower plants Foča and Paunci, with a total installed capacity of between 90 MW and 95 MW and an estimated investment value of around EUR 200 million, according to earlier reports.

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

DRI OMV Petrom Romania largest physical PPA

DRI, OMV Petrom sign Romania’s largest physical PPA so far

21 December 2024 - The new physical solar power purchase agreement between DRI and OMV Petrom is the largest ever in Romania

Renewable energy project frenzy in Greece defies curtailments, grid constraints

Renewable energy project frenzy in Greece defies curtailments

20 December 2024 - Applications for new renewable energy projects continued unabated in Greece in 2024 according to Independent Power Transmission Operator

north macedonia esm kfw bogdanci bitola solar wind uncev Moritz Remé

North Macedonia’s ESM secures loan, grant for solar projects, wind farm Bogdanci

20 December 2024 - The solar power plants will be installed within coal mining and energy complexes REK Bitola and REK Oslomej

Electricity sector officials visit Albania trailblazing photovoltaic plants GIZ regional decarbonization project

Electricity sector officials visit Albania’s trailblazing photovoltaic plants as part of GIZ regional decarbonization project

20 December 2024 - GIZ organized a field trip and presentations in Albania for energy ministries, electricity DSOs and regulators in the Western Balkans