BiH energy company 60MEUR wind park investment for Podvelezje with 16 generators

18. July 2012. / SEE Energy News

The value of investment in wind park Podvelezje is about 125 million KM.

According to Minister of Economy in Herzegovina-Neretva Canton, Amer Zagorcic, by signning this annex of contract, the Government and line ministry have shown the decision of state to suport projects that can lead the economy of this canton ahead.

Managing Director of Public company Elektroprivreda, BiH, Sarajevo, Elvedin Grabovica and minister of economy of Herzegovina-Neretva Canton, Amer Zagorcic, have signed the annex of contract about concession for wind park Podvelezje in Mostar today.

The overall value of investment is about 125 million of KM, and wind park includes 16 generators. The annex of contract about concession implies innovated project implementation schedule, with the aim to reduce risks and overcome eventual barriers for realization of wind park Podvelezje.

According to Amer Zagorcic, by signning this annex of contract, government and line ministry have shown readiness to suport projects that can lead the economy of this canton ahead.

Signning of contract gave new deadlines to Elektroprivreda BiH public company to finish wind park in Podvelezje. This project has great importance for local community, but also for whole canton, because the construction of wind park will improve overall infrastructure in local community, says Zagorcic and adds that by this contract is predicted to finish two wind generators till the end of this year, while remaining will be finished till 2014th.

The Managing director of Elektroprivreda BiH public company, Elvedin Grabovica, said that the tender for construction works would be announced at the end of the following month, and he repeated that two generators would be finished till the end of 2012th.

When it comes to construction of other wind power plants in this canton, Grabovica says that this is the only renewable energy project that Elektroprivreda has prepared, but in addition it has prepared project of thermal energy in Tuzla, which will be presented to public soon.

Elektroprivreda BiH has obtained concession on 30 years,

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