Albanian Development Fund launches EU-funded project to secure water supply for 83 villages
The Albanian Development Fund (ADF) has started the implementation of the EUR 39.3 million Rural Water Supply Program (RWSP) III in a groundbreaking ceremony for the construction of Rrajca water supply scheme. The program aims to solve the problem of water supply for 85,000 rural residents in 15 municipalities in the country, the ADF said […]
Novi Pazar secures location for biomass heating plant
“Following public bidding, the City of Novi Pazar has become the owner of a wastewater treatment facility, a boiler facility, and auxiliary facilities belonging to bankrupt textile producer Raška,” reads a press release from the local government. The starting price in the auction held in Belgrade was RSD 15.2 million (about EUR 128,800), and the […]
Siemens, EPBiH sign contracts worth EUR 69 million for Podveležje wind farm
State power utility Elektroprivreda BiH (EPBiH) and a consortium led by Croatia-based Siemens Gamesa have signed two agreements, worth some EUR 69 million, on the construction and five-year maintenance of 15 wind turbines at the Podveležje wind farm, with a total installed capacity of 48 MW, according to a statement from EPBiH. The consortium, comprising […]
FBiH government awarding concession to power utility EPHZHB to build pumped-storage HPP Vrilo
The government of the Federation of Bosnia and Herzegovina (FBiH) has adopted a decision on the procedure to award a concession for the construction of the Vrilo pumped-storage hydropower plant (HPP) with an installed capacity of 66 MW on the Šuica river in the municipality of Tomislavgrad. The government is carrying out the procedure based […]
Power utility EPS gets energy permit to build its 1st wind farm
State power utility Elektroprivreda Srbije (EPS) has obtained the energy permit for the construction of its first wind farm. The energy permit was issued on December 31, 2018, according to a press release from EPS. The construction of the Kostolac wind farm is expected to begin in the third quarter of 2019. The investment is […]
Novi Pazar pulls out of buying location for biomass heating plant
The City of Novi Pazar has given up on signing an agreement to buy bankrupt textile firm Raška’s assets, including a wastewater treatment plant, a boiler facility, and other facilities, on a location designated for the construction of a new biomass heating plant, it has been confirmed for local radio broadcaster Sto Plus. In early […]
KfW signs EUR 18.5 million financing agreement with Raiffeisen to fund energy efficiency projects
German development bank KfW has signed a EUR 18.5 million financing agreement with Raiffeisen Bank in Bosnia and Herzegovina (BiH) in a continuation of long-standing cooperation on funding projects to improve energy efficiency, according to a press release from KfW. “It is my pleasure to sign this agreement and thereby continue our successful cooperation with […]
CGES, KfW sign EUR 20 million loan agreement for Luštica transmission project
Montenegrin transmission system operator (TSO) Crnogorski Elektroprenosni Sistem (CGES) and German development bank KfW have signed a EUR 20 million loan agreement for the Montenegrin Coast: Lustica Region Development. The guarantee for the loan will be secured by the Government of Montenegro, and the collateral for the guarantee will be provided by CGES, in the […]