Concession launched for 168 MW Tolanovo wind farm
The Republic of Srpska has opened a public concession procedure for the proposed 168 MW Tolanovo wind farm, with an estimated project value of €102 million. The development is located near Nevesinje, creating a new renewable energy investment opportunity in Bosnia and Herzegovina. The operating concession could extend for up to 50 years.
Project location, output and market sales plan
Local developer Adria Energy Wind is seeking to develop the facility on the Tolanovo mountain ridge. The site is approximately 25 kilometres south of Nevesinje, with elevations ranging from 930 to 1,150 metres. The project is expected to generate about 451.4 GWh annually. All production is intended for sale on the electricity market rather than being reserved for a specific industrial consumer.
Grid access, permitting and investor obligations under concession terms
The concession stage reflects how network connection requirements have become a key investment hurdle alongside permitting and exposure to wholesale prices. Under the concession terms, the successful investor will be responsible for securing access to the electricity transmission network. The investor must also develop infrastructure required to connect Tolanovo to the existing grid. These responsibilities extend beyond turbine installation.
Land issues and feasibility study requirements
The concessionaire will need to resolve land ownership and legal matters covering the project site, access infrastructure and the transmission route. Applicants are required to submit a feasibility study addressing technical and economic viability together with environmental protection requirements. The concession provides a development framework for potential lenders and equity investors rather than confirmation that the project is ready for construction.
Commercial performance linked to connection costs and power prices
The projected annual generation would contribute to regional renewable electricity availability, while commercial performance depends on multiple cost and revenue drivers. These include the cost of grid connection, construction financing, operating conditions and the prices achieved for electricity delivered to the market. A central investment question is whether generation revenues can support both the wind farm and the transmission infrastructure needed to deliver power to regional buyers.
