Member of the BiH Presidency Milorad Dodik said that Russia will invest 1.5 billion euros in the construction of two gas-fired power plants in the Republic of Srpska (RS), with installed capacity of 600 MW each.
Dodik explained that Russia will provide financing for the two plants, while RS will be the minority partner. However, the prerequisite for this projects is the construction of gas pipeline stretching from the border with Serbia to Banja Luka and Prijedor.
Last year, Serbian gas company Srbijagas and Gas -Res from the Republic of Srpska have signed an agreement on the construction of 410 kilometers long gas pipeline that will supply Russian natural gas via TurkStream to the RS. The 125 million euros pipeline project will connect to the main pipeline in Serbia near Indjija and lead to Novi Grad on the northeastern border with Serbia. The length of the RS section is 320 kilometers.
