The construction of wind farm Grebak near Nevesinje should start in October this year, Minister of Energy and Mining of the Republic of Srpska (RS) Petar Djokic confirmed.
According to Minister Djokic, preliminary works on the project will start in October. This is a significant investment for the RS, because, with its 50 MW of installed capacity, the new wind farm will greatly affect the energy mix and increase the share of electricity produced from renewable sources.
Last April, RS Ministry of Energy and Mining and local company VE Grebak have signed a concession agreement for the construction and operation of wind farm Grebak near Nevesinje. The 50-year concession was awarded to VE Grebak in February. The project for the construction of this 49.5 MW wind farm with expected annual electricity production of 130 GWh is worth about 65 million euros. According to the agreement, the concessionaire has to pay one-time fee in the amount of 325,000 euros, while the concession fee amounts to 0.275 eurocents per kWh of produced electricity.
According to initial plan, the construction should be completed by the end of 2021 and the plant will start commercial operation in 2022.