News

Venture company will construct CHP plant in Foča

Published

July 28, 2015

Comments

comments icon

0

Share

Published:

July 28, 2015

Comments:

comments icon

0

Share

Municipal Assembly of Foča, located in the Republic of Srpska in the southeastern part of Bosnia and Herzegovina, adopted a document about establishing a limited liability company (DOO) Energana-Foča in collaboration with Energo Alfa Prague SRO from the Czech Republic. Partners plan to construct a combined heat and power (CHP) plant in Brod na Drini industrial zone, Srpska’s news agency Srna said.

The project will make use of local wood industry’s unfinished pre-war facility of Nova energana, owned by the entity’s government, which signed an agreement last August with the Czech investors. Municipality head Radisav Mašić said the CHP plant may be the solution for the question of district heating for the town. He added it would secure energy for the industrial zone and that part of the generated power would be sold through the national grid. Mašić stated the investment is estimated at EUR 50 million, but that the municipality brings only the building and land into the venture, with the Czech firm having 90% of the assets.

The power plant’s boilers are planned to be fuelled with brown coal from nearby Miljevina mine, and wood waste, the mayor said and underscored investing could start early next year and that works should be completed within two years. The small wood processing factory of Maglić also produces pellet, media said.

Related Articles

croatia hrvatska elektroprivreda hep loan goverment

Croatian power utility HEP to borrow EUR 400 million

19 December 2025 - Although the 2021-2023 global energy crisis has ended, its consequences will be felt for a long time to come

Aurora bess battery storage Bulgaria Flexible Energy Forecast service

Aurora launches Bulgaria Flexible Energy Forecast service

19 December 2025 - Aurora decided to expand its inaugural Romanian Flexible Energy Forecast service, released in April, and other established forecasts for SEE

rystad power pricing interval bess

EU’s new power pricing interval boosts BESS profit potential – analysis

19 December 2025 - Thanks to the 15-minute trading interval, arbitrage potential on the day-ahead power markets has increased by 14% on average, Rystad says

Bulgaria approves support for BESS projects totaling more than 4 GWh

Bulgaria approves RESTORE funds for over 4 GWh in BESS projects

19 December 2025 - Developers of 31 standalone battery storage facilities in Bulgaria won EUR 117 million from European Union funding