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Bosnia's Serb Republic opens tender for thermal water concession

Author: Daniel Spiess.

BANJA LUKA (Bosnia and Herzegovina), July 1 (SeeNews) - Bosnia's Serb Republic has opened a tender to award a concession for the use of the Cigusa Bara carbone dioxide (CO2) and thermal water deposit in the Sockovac village in Bosnia's northern municipality of Petrovo for industrial purposes via drilling.

The estimated value of the investment is 5.5 million marka ($3.2 million/2.8 million euro), the Republic's energy ministry said in a public invitation on Friday.

The concession will be granted for a period of 30 years.

The deadline for submitting bids is July 28.

The Serb Republic is one of the two entities that make up Bosnia and Herzegovina. The other is the Federation.

(1 euro = 1.95583 marka)

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