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HomeSEE Energy NewsBiH: EPBiH near...

BiH: EPBiH near financial collapse

The acting management of power utility EPBiH announced that, on the day it took office in August, the company had a loss of 28.2 million euros and the revenues in the first eight months reached 55.7 million euros less than planned.

With the takeover of the company, the current management faced a significant reduction in the coal supply from EPBiH’s mines to Tuzla and Kakanj thermal power plants, which amounted to only 57% of the planned quantity in the first eight months of the year.

In addition to a decrease in electricity production due to a delayed revitalization that led to the shutdown of unit 6 at TPP Tuzla, this has significantly impacted the situation at EPBiH.

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