A consortium comprising four local firms and a recently established Hungarian company has secured an €8.3 million contract from RiTE Gacko, the coalmine and thermal power plant operator, for the reconstruction of its aging cooling tower. The winning group includes Bosnian companies Elnar, Projekt, GP Gradip, and Montig Energetika, alongside 3g Energy, a relatively unknown […]
Bosnia and Herzegovina: Insufficient coal for inefficient thermal power plants Read More »
Bosnia and Herzegovina (BiH) has become increasingly dependent on imported electricity due to insufficient coal production and outdated thermal power plants, says energy expert Almir Muhamedbegović. The country’s electricity generation has fallen by 15% from 2021 to 2024, and it now lacks enough power to meet domestic demand. As a result, electricity imports surged by
The Ministry of Spatial Planning, Construction and Ecology of the Republic of Srpska (RS) has suspended the process of issuing an environmental permit for coal exploitation at the Bukova Kosa deposit near Prijedor. This follows a lawsuit filed by the Center for Environment, which challenged the Ministry’s earlier decision to exempt the project from requiring
Bosnia and Herzegovina doubles coal exports in early 2025 Read More »
Bosnia and Herzegovina (BiH) significantly increased its coal exports in the first quarter of 2025, with volumes more than doubling compared to the same period last year. Official data reveals that between January and March, the country exported 234,301 tons of coal, valued at 20 million euros. This marks a sharp rise from the first
Montenegro: Pljevlja coalmine reports slight decline in profit for 2024 Read More »
Pljevlja coalmine recorded a net profit of 15.06 million euros in 2024, slightly down from 15.2 million euros in the previous year. According to the financial report, the coalmine’s sales revenues in 2024 reached 65.3 million euros, marking a 6.3% decrease compared to 2023. Operating expenses, however, dropped by 2.7%, totaling 57.1 million euros. At
State-owned power utility EPS has announced that coal production at the Kolubara mining basin has remained stable and is performing above expectations. Since the beginning of the year, output has exceeded planned levels by 6%. The company attributes this success to efficient operational management and the dedication of its workforce, which has ensured consistent coal
RiTE Gacko, the coal mine and thermal power plant, has announced a series of tenders in preparation for a significant overhaul planned for this year. The tenders are aimed at selecting contractors for various critical projects at the facility. One of the tenders focuses on repairs to the piping system of the boiler plant, with
Serbia: EPS to invest 450 million euros in Kolubara lignite mine Read More »
EPS is investing 450 million euros in new equipment at the Kolubara coal mine to increase its production capacity, the energy ministry Dubravka Djedovic Handanovic said in a press release. The investment also involves the launch of replacement production capacities to enable the exploitation of coal from surface mines, as well as the construction of
EPS doubles its profit in Q1 Read More »
The Board of Directors of Elektroprivreda Srbije (EPS) Joint Stock Company adopted the Report on the three-year business plan implementation for the first quarter of 2024, revealing that the company’s profit reached 28.3 billion dinars. This figure is twice as high as projected, EPS announced today. The profit marks a five percent increase compared to
Romania: EC Oltenia to renegotiate the restructuring plan with the European Commission Read More »
The Oltenia Energy Complex wants a renegotiation of its restructuring plan with the European Commission, the president of the Competition Council, Bogdan Chirițoiu, said. Regarding the Jiu Valley, he said that the European Commission wants the Romanian authorities to respect the decisions they have taken. Too little coal is extracted from Jiu Valley, so little that
