Bosnian power utility EP HZHB and USAID have signed a Memorandum of Understanding (MoU) in order to speed up the construction of Mesihovina wind farm, near Tomislavgrad.
The statement from EP HZHB said that the MoU will enable the identification of legislative, regulatory and administrative obstacles that the investor is facing in the process of obtaining all the necessary permits for the project. With its expertize, USAID will shorten and simplify the procedures and also encourage investment in energy sector in Bosnia and Herzegovina.
The future wind farm Mesihovina will have 22 wind turbines and power output of 44 MW. It should be the first wind farm in Bosnia and Herzegovina, located near the town of Tomislavgrad. The wind farm should produce 165 GWh of electricity per year, which will increase EP HZHB’s annual output by more than 10 %. The foundation stone for the wind farm was laid down in September 2010. The project will be funded by 72 million euros loan provided by KfW Bank (loan agreement signed in February 2010) and by 6 million euros provided by EP HZHB itself.
In April 2016, Siemens Croatia and EP HZHB have signed a contract for the delivery of 22 wind turbines for Mesihovina wind farm. According to EP HZHB’s representatives the wind farm should be completed by the end of 2017.