Electricity

TENDERING: Supply and installation of smart metering for Elektro-Bijeljina in Bosnia and Herzegovina

Photo: Pixabay

Published

June 10, 2019

Comments

comments icon

0

Share

Published:

June 10, 2019

Comments:

comments icon

0

Share

Power distribution company Elektro-Bijeljina, a subsidiary of state-owned power utility Elektroprivreda Republike Srpske (ERS), has launched tendering for the supply and installation of smart metering, according to an announcement on the EBRD Client e-Procurement Portal.

The contract will be funded by a EUR 7.5 million loan from the European Bank for Reconstruction and Development (EBRD).

The deadline to file bids is August 12, 2019, according to the announcement.

The contract is expected to start on August 31, 2019 and last about 36 months.

Elektro-Bijeljina signed a EUR 15 million loan agreement with the EBRD in September 2018 for the reconstruction of the medium and low-voltage power network in Elektro-Bijelijina’s distribution area and the installation of smart meters.

The loan to finance the smart grid project will cut distribution losses to the technical minimum of 6.5%, which is a standard in Western Europe, Head of the EBRD Office in Bosnia and Herzegovina Ian Brown was quoted as saying after signing the agreement with Elektro-Bijeljina General Manager Nedeljko Ćorić.

Project to reduce power losses

Losses in the distribution of power and high consumption due to outdated and inaccurate meters are major contributors to the high energy intensity in Bosnia and Herzegovina which causes additional costs to consumers, the EBRD said in a news release at the time.

Investing in a more modern, efficient, and flexible power distribution network will promote improved efficiency through reduced power losses and greater awareness of energy consumption patterns. It will also facilitate the penetration of higher levels of distributed renewable energy, the EBRD said.

The financing is provided as a loan to Elektro-Bijeljina, the EBRD said, adding that up to EUR 7.5 million of the loan will be provided by the Green Energy Special Fund, established and administered by the EBRD with the contribution of TaiwanICDF.

Elektro-Bijeljina, which covers about 20% of Republika Srpska’s territory, is the second ERS subsidiary after Elektrokrajina to get lending from the EBRD for the same purpose.

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

wind farm ljubusa tomislavgrad

Concession signed for 80 MW wind farm in Tomislavgrad

22 November 2024 - Alpha Wind has been granted a concession to build the 80 MW Ljubuša wind farm in the municipality of Tomislavgrad.

Dentons advises EnergoNuclear EPCM deal Cernavoda

Dentons advises EnergoNuclear on EPCM deal for Cernavodă project

22 November 2024 - Dentons advised EnergoNuclear on an engineering, procurement, and construction management (EPCM) contract for Cernavodă 3 and 4

eurelectric cybersecurity measures study

Cyberattacks in energy sector doubled from 2020 to 2022

22 November 2024 - Cyberattacks are increasing the risk of blackouts, disruptions and significant societal issues, according to Eurelectric’s latest report

Greece, EU establish Islands Decarbonization Fund

Greece establishes Islands Decarbonization Fund with EU

22 November 2024 - The Islands Decarbonization Fund was launched in Naxos, with financing from the European Investment Bank