SARAJEVO (Bosnia and Herzegovina), March 11 (SeeNews) – Bosnia’s Muslim-Croat Federation said its two power utility companies will seek strategic partners for the construction of a total of 1,000 megawatts of coal-fired capacities in two separate projects.
One of the projects calls for the construction of two generation units of 275 MW each in the Kondora power plant, the Federation government said in a statement on its website.
The seconds project envisages the construction of a 450 MW unit 7 in the Tuzla power plant.
The Kondora project will be implemented by the Federation’s smaller power utility Elektroprivreda HZ HB, while Tuzla’s unit 7 would be built by the bigger one, Elektroprivreda BiH.
The two state-controlled utilities will soon launch tenders for partners willing to contribute financing for the projects, the statement said. Elektroprivreda BiH will set up a joint venture company with the selected partner aiming to complete the Tuzla’s unit 7 project by 2017.
Elektroprivreda BiH director Amer Jerlagic told local media earlier this month that investment in Tuzla's generation unit 7 is estimated at 800 to 900 million euro ($1.1 to $1.2 billion).
The Federation government also said it will start negotiations with Elektroprivred BiH for the awarding of concession for 23 MW Vranduk hydro power plant project. This project will be financed from the power utility’s own funds and through credits.
The entity's government also said it supported the project for the construction of combined gas and steam power plant in Zenica. It will be built by the 25/75 joint venture company set up by the town and Kazakh power utility KazTransGas (KTG). KTG would invest 200 million euro, while the town would provide the plot of land, the necessary infrastructure and permits.
The Muslim-Croat Federation, where Elektroprivreda BiH and Elektroprivreda HZ HB operate, is one of the two autonomous regions forming post-war Bosnia. The other is the Serb Republic, where power utility Elektroprivreda RS operates.
($= 0.7323 euro)
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