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RiTE Gacko

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Bosnia and Herzegovina: RiTE Gacko reports return to profit with €290,000 net income in H1 2025

Coalmine and Thermal Power Plant (RiTE) Gacko reported a net profit of approximately 290,000 euros, a significant improvement compared to a loss of 11.8...

Bosnia and Herzegovina: RiTE Ugljevik suffers loss, while RiTE Gacko recovers

In the first quarter of 2025, Coalmine and Thermal Power Plant (RiTE) Ugljevik reported a loss of approximately 2.71 million euros, marking a steep...

Bosnia and Herzegovina: Simultaneous maintenance shutdowns at RS’s largest power plants to impact electricity supply

For the first time since their inception, the two largest electricity producers in the Republic of Srpska (RS)—the coal-fired thermal power plants Gacko and...

Bosnia and Herzegovina: Five-company consortium wins €8.3 million contract for TPP Gacko cooling tower reconstruction

A consortium comprising four local firms and a recently established Hungarian company has secured an €8.3 million contract from RiTE Gacko, the coalmine and...

Bosnia and Herzegovina: RiTE Gacko issues tenders for key repairs and upgrades ahead of major overhaul

RiTE Gacko, the coal mine and thermal power plant, has announced a series of tenders in preparation for a significant overhaul planned for this...

BiH: RiTE Gacko produced 360 GWh in Q3

Mine and thermal power plant (RiTE) Gacko in the first quarter produced 360,180 megawatt-hours of electricity, said the director of that company Maksim Skoko, emphasizing...

Latest news

EU recognition of Western Balkan renewable certificates could boost PPAs but not replace CBAM verification

Renewable generators in Serbia, Montenegro and other Energy Community markets could gain access to a broader European market for the environmental attributes of their...

EU reforms could restore multi-trader electricity exports while leaving contractual risks unresolved

European Union policymakers are considering changes that could make it easier for renewable electricity from neighbouring countries to qualify for actual-emissions treatment under CBAM....

Domestic industrial PPAs open new revenue opportunities for Serbian and Montenegrin renewables

Domestic industrial demand can support renewable investment and improve electricity cost predictability, but the carbon value of a power purchase agreement depends on the...

Montenegro’s electricity exporters need stronger PPAs to secure Italian market revenues

The Adriatic interconnector gives Montenegro's renewable generators access to Italian buyers, but investment returns depend on carbon treatment, delivery profiles and the fallback provisions...

Serbian renewable projects face new contractual challenges on the Hungary export corridor

Export PPAs can expand market access for wind and solar projects, but the revenue ultimately reaching developers depends on delivery rights, trading costs and...