Republika Srpska: KfW 60MEUR loan for WPP Hrgud

5. January 2016. / SEE Energy News

Government of the Republic Srpska adopted the information about conducting activities for the preparation of the wind power plant “Hrgud” project.

The Public relations bureau of the Government of the Republic Srpska announced that this project will be financed by the 60 million euro loan from the Credit Bank for Renewal (Kreditanstalt fur Wiederaufbau) from Frankfurt on Mein.

The Government of the Republic Srpska engaged the Ministry of Finance to start the procedure through the Ministry of Finance and Treasury of BiH of taking up a foreign loan, and it engaged the Ministry of Industry, Energy and Mining and “Elektroprivreda Republike Srpske”, as the debtor on the loan, to continue the activities for the preparation of this project in coordination with the Ministry of Finance, transmits Serbia-energy.eu

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