Energy markets weekly: Brent,...

During the fourth week of August, Brent oil futures for the Front Month...

Europe: Electricity prices show...

During the fourth week of August, electricity prices in major European markets showed...

European electricity demand trends:...

During the last week of August, electricity demand rose in most major European...

European solar and wind...

During the week of August 25, solar photovoltaic (PV) energy production declined across...
Supported byClarion Energy
HomeSEE Energy NewsBosnia and Herzegovina:...

Bosnia and Herzegovina: HPP Janjici project approved

Zenica Mayor Fuad Kasumovic said that power utility EPBiH agreed to build the HPP several years ago and the failure to promote the project would cost the City of Zenica several million euros following the possible lawsuit filed by EPBiH. The City Council of Zenica voted to promote the project for the construction of hydropower plant Janjici on the Bosna river as a project of public interest, thus greatly easing its realization in the coming years.

HPP Janjici should have power output of 13.3 MW and annual output of 68.25 GWh of electricity. In the second half of March 2014, the Government of the Federation of Bosnia and Herzegovina adopted a decision on granting the concession for construction of HPP Janjici to state-owned power utility EPBiH. The concession was granted in accordance to the voluntary bid of EPBiH. The company is obliged to pay one-time fee of 0.8 million euros, which is 2.3 % of the overall investment. The Government also set the annual concession fee of 2.4 % of the annual income from electricity sales and ancillary services. In the beginning of April 2014, Council of Ministers of Bosnia and Herzegovina approved the signing of 30 million euros loan with German KfW Bank for the construction of HPP Janjici. The maturity of the loan is 15 years, with grace period of four years. EPBiH included the HPP Janjici project in its 2019-2021 business plan.

 

 

 

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Energy markets weekly: Brent, TTF gas and CO2 prices show moderate fluctuations in late August

During the fourth week of August, Brent oil futures for the Front Month on the ICE market reached a weekly high settlement price of $68.80/bbl on Monday, August 25. Prices then fell 2.3% on Tuesday, August 26, hitting a...

Europe: Electricity prices show mixed trends in late August, forecasts point to September declines

During the fourth week of August, electricity prices in major European markets showed mixed trends compared to the previous week. The Nord Pool market in the Nordic countries recorded the largest weekly average increase at 58%. Italy’s IPEX market...

European electricity demand trends: August growth in most markets, UK declines

During the last week of August, electricity demand rose in most major European markets compared to the previous week. Italy saw the largest increase at 6.3%, followed by France at 3.2% and Germany at 2.1%. Spain recorded the smallest...
Supported byVirtu Energy
error: Content is protected !!