Bosnia and Herzegovina, FBiH Government to seek EBRD, kfW loans for Poklecani wind farm

, SEE Energy News

The Government of the Federation of Bosnia and Herzegovina (FBiH) has approved a proposal to seek loans from the European Investment Bank and German development bank KfW totaling 150 million euros, which will be used to finance the construction of Poklecani wind farm.

The statement from the Federal Government said that it plans to seek up to 75 million euros from each of the financial institutions.

In early 2022, Bosnian power utility EP HZHB has relaunched a tender for the main project design of Poklecani wind farm worth around 360,000 euros. The tender was originally launched in October last year .

In 2020, EP HZHB selected Croatian company Megajoule Adria to develop wind potential assessment study for Poklecani wind farm. The power utility launched a tender for the development of such study in mid-2019 and in January 2020 it selected a consortium of the University of Mostar and Energy Institute Hrvoje Pozar, which offered around 11,000 euros for the job, as a tender winner. However, the only other bidder Megajoule Adria, whose offer was deemed irregular, filed a complaint. Following a complaint, EP HZHB changed its initial decision and selected Megajoule to perform the study, with an offer of 6,400 euros.

The concession for Poklecani wind farm was awarded to EP HZHB in 2013. Back then, the company estimated that the construction of the facility, consisting of 36 wind turbines with combined installed capacity between 72 and 108 MW, would cost around 110 million euros.