Donko Jovic, the Minister of Agriculture, Forestry and Water Management of the HerzegovinaNeretva Canton has signed contracts on concession for the construction of small hydropower plants (SHPP) on the Rama river with local company ECCO-CRIMA.
According to Minister Jovic, the concession agreement envisages the construction of five small hydropower plants with combined installed capacity of 3.5 MW. The five SHPPs in question are: HPP Gradina with 0.265 MW installed capacity worth 479,000 euros, HPP Modri Vir with 0.091 MW installed capacity worth 265,000 euros, HPP Crni Most with 1.52 MW installed capacity worth 2.75 million euros, HPP Gracanica with 0.732 MW installed capacity worth 1.33 million euros and HPP Marina Pecina with 0.732 MW installed capacity worth 1.72 million euros.
Minister Jovic said that total investment in these five SHPPs amounts to over 6.5 million euros, while the concessionaire is obliged to pay one-time concession fee in the amount of 65,000 euros. The signing of the contract was preceded by a procedure conducted in accordance with applicable legislation, which resulted in decision on granting the concession. The activities that follow such as the obtaining of environmental, building and zoning permits are related to the authorities of the Federation of Bosnia and Herzegovina (FBiH) and the local community.