Republika Srpska abolishes feed-in tariffs for wind farms
The Parliament of Republika Srpska has adopted a new law on renewable energy and efficient cogeneration, which abolishes feed-in tariffs for wind farms. This is one of the major changes in the regulatory framework announced in the countries of the Energy Community, including Northern Macedonia, Bosnia and Herzegovina and Montenegro. According to the Republika Srpska […]
ERS posts EUR 28.6 million profit in H1, presses ahead with HPP, small HPP, wind park projects
Elektroprivreda Republike Srpske (ERS) reported a EUR 28.6 million profit in the first half of 2018, acting General Manager Radmila Čičković has told Srna, local media reported. All production and distribution units of ERS, the power utility of Bosnian Serb entity Republika Srpska, except the Gacko coal mining and thermal power plant complex, operated in […]
Elektroprivreda Republike Srpske seeks consultant for Hrgud wind park
Power utility Elektroprivreda Republike Srpske (ERS) is looking for a consultant to assist in developing a 48 MW wind park Hrgud. The total costs of the first wind farm in Republika Srpska are estimated at EUR 65 million. Up to 60 million EUR would be provided by KfW as a loan to ERS. The wind […]
Works on Hrgud, first wind park in Republika Srpska to start soon
The first wind farm in Republika Srpska, 48 MW Hrgud, should be completed in four years. The EUR 60 million loan deal for its construction was signed between the Ministry of Finance of Bosnia and Herzegovina and German KwF Development Bank. This wind farm in Berkovići, a southern municipality of Republika Srpska, comprises 16 wind […]
ERS: KfW loan for Hrgud wind farm favourable
The KfW loan for the Hrgud wind farm in Berkovići is one of the most favourable. This is the reply of the ERS’ management to the opposition’s accusations that the decision on the loan is a violation of law. Since guarantees for the loan for the Hrgud wind farm construction are provided by the government, it is […]
Republic of Srpska: KfW loan for Hrgud wind park approved by Assembly, opposition disputes it
Assembly of the Republic of Srpska approved a EUR 60 million loan from the German Development Bank KfW for the construction of Hrgud wind farm. The opposition’s NDP party says it would appeal to the Constitutional Court because it considers the decision illegal. State-owned utility Elektroprivreda (ERS) was granted a 50-year concession for the construction and […]
Republic of Srpska and KfW agreed EUR 60 million credit for Hrgud wind farm
The Government of the Republika Srpska approved EUR 60 million credit by German KfW Development Bank for financing the Hrgud windfarm project, as confirmed by the Ministry of finance. State-owned utility Elektroprivreda (ERS) from Trebinje, received 50 years concession for the construction and operation of the Hrgud wind farm in Berkovići municipality a year ago. Now, […]
Concession signed for Hrgud wind power plant
Petar Đokić, minister of industry, energy and mining of the Republic of Srpska, and Branislava Milekić, general manager of the state-controlled power utility Elektroprivreda Republike Srpske (ERS), signed a concession agreement for the construction and operation of wind plant Hrgud in Berkovići municipality. The value of the project located in Bosnia and Herzegovina’s south amounts […]