The coal-fired thermal power plant Stanari, operated by the EFT Group, recorded a net profit of 19.7 million euros in 2024. The plant generated revenues of 116.4 million euros, down from 140 million euros in 2023. This decline in income significantly affected profitability, as net profit fell from 42 million euros the previous year. Despite […]
The Federation of Bosnia and Herzegovina (FBiH) is moving forward with plans to establish a comprehensive legal framework for the natural gas sector through the adoption of a new Gas Law. This legislation is designed to regulate the full value chain, including production, distribution, storage, and supply. It aims to align the energy system with
The first wind power facility in Sarajevo Canton has been officially commissioned at Ivan Sedlo, in the municipality of Hadžići. Developed by Slovenian company Interenergo, a member of the Austrian Kelag Group, the project represents a significant milestone in the region’s clean energy transition. Interenergo was also the primary investor behind the initiative. Construction of
Bosnia and Herzegovina sees surge in electricity and energy production in March 2025 Read More »
According to the Agency for Statistics of Bosnia and Herzegovina (BiH), gross electricity production in the country reached 1,494 GWh in March 2025, up from 1,351 GWh recorded in the same month last year. Hydropower plants contributed 37.4 percent of total gross production, thermal power plants accounted for 55.5 percent, while solar and wind power
Gross electricity production in the Federation of Bosnia and Herzegovina (FBiH) in April 2025 reached 589 GWh, marking a 6.3 percent increase compared to April 2024, when production stood at 554 GWh. Hydropower plants contributed 44.65 percent of the total gross electricity output, thermal power plants accounted for 44.31 percent, and wind farms made up
Coalmine and Thermal Power Plant (RiTE) Gacko has issued a public tender to select a contractor for excavation, loading, transportation, disposal, and land leveling as part of its mine expansion project. The contract’s estimated value is up to 5 million euros, excluding VAT. The work will be carried out at the PK Gacko surface mining
A meeting was recently held at the headquarters of power utility EPBiH, bringing together key representatives from the energy sector to address the ongoing legal unbundling of electricity distribution from other energy-related activities. This separation, however, depends on amendments to existing legislation, as the creation of new distribution companies cannot proceed under the current legal
The European Investment Bank (EIB) has granted a loan of 103.05 million euros to the Bosnian power utility EP HZHB. This funding will support the development of a 132 MW wind farm in the southwestern region of the country. The Poklecani wind project will be located in the mountainous area of West Herzegovina Canton, within
Bosnia and Herzegovina: HPP Višegrad set for major modernization project Read More »
The subsidiary company Hidroelektrane na Drini, part of Elektroprivreda Republike Srpske (ERS), has initiated a public procurement process aimed at extending the operational lifespan and improving the efficiency of the Višegrad hydropower plant. The focus of the procurement is the development of a conceptual design and a feasibility study, with an estimated contract value of
Region: Construction of Trans-Balkan Corridor’s third section to begin in mid-2025 Read More »
Construction of the third section of the first phase of the Trans-Balkan Corridor is scheduled to begin in mid-2025. This phase will include building a segment of the route and transmission lines connecting Bajina Bašta, the Montenegrin border, and the Bosnian border. Serbia’s Minister of Mining and Energy, Dubravka Djedović, announced this during a meeting
