Prointer, Elektro-Bijeljina sign EUR 7.5 million contract for smart meters

Photo: Signing ceremony (Elektro-Bijeljina)


November 5, 2019





November 5, 2019




Banja Luka-based Prointer and power distribution company Elektro-Bijeljina have signed a EUR 7.5 million contract for the supply and installation of smart meters and a remote reading system.

Elektro-Bijeljina, a subsidiary of state-owned power utility Elektroprivreda Republike Srpske (ERS), launched tendering for this contract in June. Prointer will deliver 30,000 smart meters, 13,000 boxes for the displacement of meters, and a remote reading system. The funding comes from a European Bank for Reconstruction and Development (EBRD) loan approved in September 2018.

In addition to that loan, Elektro-Bijeljina will provide another BAM 15 million (about EUR 7.5 million) of its own funds, Elektro-Bijeljina said on its website.

According to Luka Petrović, CEO of ERS, the contract covers 85% of electricity supplied by Elektro-Bijeljina. The company will have 30,000 smart meters under remote control and a single software platform, making Elektro-Bijeljina one of the most advanced distribution companies within the ERS, Petrović noted.

Power utility ERS has five power distribution companies – Elektrokrajina, Elektro Doboj, Elektro-Bijeljina, Elektrodistribucija Pale, and Elektrohercegovina. In October, Elektrokrajina launched a three-year modernization of the distribution network, worth BAM 30 million (about EUR 15 million).

Vaso Arsenović, director of Elektro-Bijeljina, said the project will ensure a more efficient management of the system, improve the quality of supply, and decrease operating costs.

Bojan Vujić, director of Prointer, noted that companies from Republika Srpska and Serbia have proven they can jointly cope with competition from developed countries.

Elektro-Bijeljina supplies electricity to more than 110,000 consumers, of which 70% are households and 30%  industrial customers.

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

Lignite plants getting pushed out of the market in the Balkans

Lignite power plants are pushed out of market in Balkans

30 May 2024 - PPC's brand new Ptolemaida 5 lignite plant was effectively pushed out of the market in May as uncompetitive

Fortis Group expand presence Balkans taking over two biogas power plants Serbia Velimir Gavrilovic Belgrade Energy Forum

Fortis Group expands presence in Balkans by taking over two biogas power plants in Serbia

29 May 2024 - Fortis Group is completing the purchase of two biogas power plants in Pančevo, Serbia, COO Velimir Gavrilović announced at Belgrade Energy Forum

elixir matijas predojevic decarbonization bef 2024

Elixir’s EUR 300 million investment plan includes wind, solar, batteries

29 May 2024 - New investments will help push forward the decarbonization process in Elixir Group, started several years ago, Matthias Predojević said

Annual compensation of 600,000 euros to Nikšić Municipality for land Under Bileća Lake

Republic of Srpska agrees to compensate Nikšić in Montenegro for using Bileća lake

29 May 2024 - The Municipality of Nikšić will receive EUR 600,000 in annual compensation for its land under the artificial Bileća lake