Bosnian state-owned power utility EPBiH has moved forward with plans to develop a large solar project in Gračanica by launching a tender for consultancy services related to the investment.
The procurement includes supervision and owner’s engineering support for a solar project valued at approximately 39 million euros, according to tender details published with support from the European Bank for Reconstruction and Development (EBRD). Interested companies have until 18 May to submit their bids.
The planned project consists of two adjacent solar power plants with a combined capacity of 50 MW, to be built in the village of Gracanica within the municipality of Bugojno. The site was previously used for coal mining but has since been rehabilitated, marking a notable step in land repurposing for clean energy.
Financing for the project has already been secured. In August 2024, the EBRD approved a 25 million euros loan, while UniCredit Bank contributed an additional 15 million euros through a parallel financing arrangement.
This Gracanica project is expected to be one of the first utility-scale solar developments undertaken by EPBiH, as the company gradually shifts its investment focus toward renewable energy in line with its broader decarbonization strategy.
