Renewables

Power utility ERS gets concessions to build, operate HPPs Foča, Paunci

Photo: GordanaVG/cropped/creativecommons.org/licenses/by-sa/4.0/legalcode

Published

January 25, 2019

Comments

0

Share

Published:

January 25, 2019

Comments:

0

Share

The government of Republika Srpska, an entity of Bosnia and Herzegovina (BiH), has awarded concessions to its power utility Elektroprivreda Republike Srpske (ERS) to build and operate the Foča and Paunci hydropower plants (HPP). Republika Srpska and Serbia plan to jointly build the two HPPs with a combined installed capacity of between 90 MW and 95 MW, in an investment estimated at some EUR 200 million.

The Republika Srpska (RS) government adopted a decision to award a concession to build and operate HPP Foča and a decision giving its consent to the agreement on the concession to build and operate HPP Foča, as well as a decision to award a concession to build and operate HPP Paunci and a decision giving its consent to the agreement on the concession to build and operate HPP Paunci, according to a statement from the government.

Both concessions are being awarded to ERS for a period of 50 years, starting from the date of signing the concession agreement. Prior to the signing of the concession agreement, the concessionaire is required to pay a one-off fee of BAM 1.16 million (about EUR 594,000) for HPP Foča and BAM 1.23 million (around EUR 629,000) for HPP Paunci to the RS budget.

Presidency of BiH Chairman Milorad Dodik said earlier that BiH’s consent will not be required for the construction of HPPs Foča and Paunci because that section of the Drina river merely runs through Republika Srpska, without forming the border between BiH and Serbia, Blic reported, citing Srna.

Power utilities ERS, EPS planned to jointly develop HPPs Foča, Paunci

At the signing of a memorandum on the joint construction of HPPs Foča and Paunci between the governments of the RS and Serbia, Serbian Minister of Mining and Energy Aleksandar Antić said that the memorandum envisages ERS and Serbia’s state power utility Elektroprivreda Srbije (EPS) to jointly develop the project on the upper course of the Drina river.

HPP Foča is planned to have an installed capacity of 44.15 MW and an average annual production of 175.9 GWh of electricity and HPP Paunci an installed capacity of 43.21 MW and an average annual output of 166.9 GWh.

Republika Srpska also plans the construction of HPP Buk Bijela, with an installed capacity of 93 MW, on the upper course of the Drina. ERS has received a 50-year concession for this project as well.

At the end of July 2018, the Aarhus Resource Centre Sarajevo submitted two complaints to the District Court in Banja Luka against the environmental permits for HPPs Buk Bijela and Foča.

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