UniCredit to partly finance Bistrica hydropower project in BiH
State-owned utility ERS got a EUR 15.3 million loan for three hydropower plants on the Bistrica river in BiH from UniCredit's local branch
ERS risks failure of Bistrica hydropower plants project on lack of funding
ERS claims it would extend deadlines for the three hydropower plants on the Bistrica, citing force majeure due to the COVID-19 pandemic issues. Contractor AVIC-ENG from China is said to have the option to terminate the contract if funding isn’t found in less than two months and to keep the advance payment. Elektroprivreda Republike Srpske, […]
Company established for HPP Buk Bijela’s construction
Public power utility Elektroprivreda Republike Srpske (ERS) and its subsidiary Hidroelektrane na Drini have established a Foča-based joint venture, Hidroelektrana Buk Bijela, for the production and sale of electricity, news agency Srna reported. The agreement on the establishment of the joint venture was signed by ERS acting director Radmila Čičković and Nedeljko Perišić, director of […]
Hidroelektrane na Drini to exceed power production plan in 2016
Hidroelektrane na Drini is to exceed the power production plan for this year. The company expects 2016 to be among the top five years ever concerning power production. During 27 years of operation, the hydroelectric power plant (HPP) produced 24,966 GWh of electricity. This year 1,032 GWh was generated, which is 20% more than the […]
ERS wins concession for construction of Buk Bijela
The Government of the Republic of Srpska granted a concession for the construction and operation of hydropower plant Buk Bijela on the Drina river to a consortium organized by state-owned utility Elektroprivreda Republike Srpske (ERS) and its subsidiary Hidroelektrane na Drini from Višegrad. Portal Nezavisne.com reported the the facility will be located in the municipality […]