Bosnia To Start Construction of 56 Mln Euro Hydro Power Plant in October – Media

SARAJEVO (Bosnia and Herzegovina), May 7 (SeeNews) – Bosnia’s biggest power utility Elektroprivreda BiH hopes to start the construction of around 110 million marka ($72 million/56 million euro) hydropower plant in October, local media reported don Friday.

The Vranduk plant will have an installed capacity of 19.5 megawatts and produce 96.3 gigawatt hours of electricity a year, news portal Capital.ba said.

“The feasibility study has been completed and by the end of May we should have its final version folling which we will start preparing an international tender for the main project, the equipment supply and the construction,” the head of Elektroprivreda BiH sector for hydro power plants construction, Alija Turajlic, was quoted as saying by Capital.ba

“If everything goes in line with plan, we believe the constructors will start work at the end of October,” Turajlic added.

The total investment in the project will be between 100 and 110 million marka, the news portal said, adding the plant should be operational in 2014.

Elektroprivreda BiH is based in the Muslim-Croat Federation, one of the two autonomous regions forming post-war Bosnia. The other region is the Serb Republic, where power utility Elektroprivreda RS operates. A smaller power utility, Elektroprivreda HZ HB, also operates in the Federation.

(1 euro=1.95583 marka)

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