The Ministry of Mining and Energy of the Republic of Srpska (RS) said that it has launched a tender for awarding a concession for the construction of 10 MW solar power plant in Bileca municipality.
The solar power plants will stretch over a 39.2 hectares and he estimated annual electricity generation of the future solar park is 16.5 GWh. The deadline for the submission of bids is 5 September.
In July 2020, RS Ministry of Energy and Mining signed a concession agreement on the construction of solar power plant near Bileca with EFT International Investments Holding. The tender for awarding concession for the construction of this 60 MW solar power plant was launched in early March and in May the concession was awarded to EFT. The concessionaire will have to pay a one-time fee of 357,000 euros and 0.28 eurocents/kWh produced by the plant, translating to 2.8 euros/MWh. RS Government estimated the investment at 35.7 million euros. The expected annual output of the plant is up to 100 GWh. The concession is awarded for the period of 50 years.
In mid-2021, EFT SE Bileca, a local subsidiary of UK-based EFT Group, has signed a contract for the engineering, procurement and construction (EPC) of solar power plant Bileca with Chinese Dongfang Electric Corporation. According to signed agreement, the construction of the solar power plant will start in the second quarter of 2022, while the plant should start commercial operation in mid-2023.