Bosnia's Elektroprivreda BiH completes foundation concreting for first wind turbine in Podvelezje farm

Bosnian state-controlled power producer Elektroprivreda BiH [SAJ:JPESR] said that the concreting of the foundation for the first of 15 wind turbines that will comprise the 48 MW Podvelezje wind farm has been completed.

The three-metre deep foundation absorbed more than 450 cubic metres of concrete, Elektroprivreda BiH (EPBiH) said in a statement earlier this week.

It added that the preparation works for concreting the remaining foundations have been in progress, with the job on all foundations expected to be completed by the end of August.

The wind farm is being built by a consortium comprising Croatia's Siemens Gamesa Renewable Energy and Denmark's Siemens Wind Power A/S, both units of Spanish engineering company Siemens Gamesa, near the southern town of Mostar.

EPBiH said that the contractor has already completed the first delivery of equipment, which included 30 wind turbine segments that were shipped from Denmark to Croatia's Adriatic port of Ploce. The transportation of the equipment to the construction site is expected in the first half of July.

Bosnian companies HP Investing Mostar and Minersko Sarajevo are building the foundation structures and doing some mining works.

The Podvelezje wind farm is expected to be commissioned in the first quarter of 2021, with an estimated annual electricity production of some 130 GWh.

EPBiH has signed a 30-year concession contract for the project with the government of Bosnia's Herzegovina-Neretva Canton. The project will be financed by a loan from German development bank KfW and EPBiH's own funding.

EPBiH said earlier that the KfW loan will be in the amount of 65 million euro ($73 million), whereas EPBiH will invest 3 million euro.

($=0.8905 euro)

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