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

Serbia opens door for batteries as solution for intermittency of renewables rajakovic nikola

Serbia opens door for batteries as solution for intermittency of renewables

04 February 2023 - We spoke with Professor Nikola Rajaković about proposed changes to the Law on the Use of Renewable Energy Sources

Serbia gets its first commercial PPA financing secured for Krivaca wind farm

Serbia gets its first commercial PPA – financing secured for Krivača wind farm

03 February 2023 - MK Group and ALFI Green Energy Fund have secured EUR 155 million for the project from a consortium of lenders led by Erste Group

Bulgarian IBEX exchange market guarantees of origin

Bulgarian IBEX exchange to set up market for guarantees of origin

03 February 2023 - Independent Bulgarian Energy Exchange – IBEX said it would organize a market for guarantees of origin of electricity

windeurope wind turbenes orders drop 2022

Wind turbine orders in EU drop by almost half in 2022

03 February 2023 - It is the continuation of the downward trend as orders have been declining since the first quarter of 2021