Bosnia's HE na Trebisnjici to become sole owner of HPP Dabar
BANJA LUKA (Bosnia and Herzegovina), July 21 (SeeNews) – Bosnian state-owned hydro power producer Hidroelektrane na Trebisnjici (HET) will become the sole owner of Dabar hydro power plant (HPP), the energy ministry said on Tuesday.
A 30% stake in HPP Dabar, currently in the hands of Bosnia's Serb Republic power utility Elektroprivreda Republike Srpske (ERS), will be transferred to HET, the ministry said in a press release quoting energy minister Petar Djokic.
Following a meeting with representatives of ERS, HET and HPP Dabar in Trebinje, Djokic said that the activities on preparing a new law on the electricity sector will be stepped up this year, which will provide for the reorganisation of ERS.
He stressed that the reform in the sector will allow the entity's power utility to subsidize the cost of electricity for the most vulnerable citizens and build power generation facilities, including a new unit at the existing Bocac plant and a plant on the river Bosna.
The Serb Republic is one of the two autonomous entities that form Bosnia and Herzegovina. The other one is the Muslim-Croat Federation.
Earlier this month, Djokic said the European Bank for Reconstruction and Development and Italian firm Edison Spa are interested in investing in the energy sector in the Serb Republic, particularly in renewable electricity production.