Bosnian power utility EPBiH held a presentation of its Podvelezje wind farm project on which the company announced that the wind farm will be put into operation in summer next year.
In January, EPBiH signed an agreement with Croatian company ABB for the construction of a 110/30 kV substation and 30 kV transmission line for Podvelezje wind farm. The contract, valued at 4.1 million euros, is financed though a loan obtained from German KfW Bank, while the deadline for its implementation is 20 months.
In January 2017, EPBiH has signed a contract for construction works for Podvelezje wind farm with a consortium of local companies. A consortium, consisting of Bosnian companies HP Investing, Amitea and Izgradnja Tojaga, has signed an agreement worth 2.3 million euros for the construction of access and internal roads and crane platforms for the future wind farm.
The project for the construction of Podvelezje wind farms envisages that the future power plant will have installed capacity of 48 MW and annual generation of some 115 GWh of electricity. This will be the first state-owned wind farm build in Bosnia and Herzegovina and the biggest post-war investment by EPBiH, even bigger than the currently ongoing construction of HPP Vranduk. The project should be finished by the end of 2018 and it will be operated under the 30-years concession contract, with an extension option. The value of the investment is estimated at 82 million euros and the funding will be provided through a loan by the German KfW Bank.
