Elektroprivreda BiH issues a Tender for Baseload Power Surplus - Hydro Balkans
+44 207 394 30 90 (London)

Elektroprivreda BiH issues a Tender for Baseload Power Surplus

Main » News » Elektroprivreda BiH issues a Tender for Baseload…

Bosnia’s biggest power utility Elektroprivred Bosne i Hercegovine (EPBiH) on Friday issued a tender to sell nearly 221 gigawatt hours (GWh) of baseload power surplus it will produce in the second half of 2019.
EPBiH invited both domestic and international bidders to place their bids by April 19.

Unlike its Balkan neighbors, which rely on imports to cover part of their energy needs, BiH is able to export power thanks partly to hydropower generation, which provides 40 percent of its electricity. The rest comes from coal-fired plants.

Net profit at EPBiH soared to 52.4 million BAM ($30.2 million) in 2018 from just 620,382 BAM a year before thanks to improved hydropower output after a drought a year before, India Times reports.

Source: Sarajevo Times

MORE:

Albania’s Age Erzen seeks construction permit for small HPP near Tirana

Albanian company Age Erzen has applied for a building permit for a small hydro power plant (HPP), the energy ministry said. The company plans to build a HPP of up to 2 MW on a tributary of Erzen river in Tirana region, the energy ministry said in a statement last week. Albania produces over 90%…


EBRD to invest €250M in Turkish energy sector in 2019

Turkey’s energy sector has been attracting around €250 million ($280 million) per year from the European Bank for Reconstruction and Development (EBRD) and the bank plans to maintain the same levels of financing in 2019 as well, Managing Director for Sustainable Infrastructure Group at the EBRD said on June 19. Nandita Parshad, managing director for…


ELSEWEDY ELECTRIC acquires a portfolio of renewable energy assets in operation in Greece

The completion date is expected to be on or before the 28th of June 2019 and subject to the normal terms and conditions for completing similar transactions Cairo, Egypt: ELSEWEDY ELECTRIC, a leading Integrated Energy and Infrastructure Solution Provider announces entering into a Share Purchase Agreement with R.F. Energy S.A. (a subsidiary of F.G Europe…