83 million EUR to be invested in the Wind Farm Podvelezje

May 1, 2018 3:00 PM

Elektroprivreda BiH is planning to invest 83 million EUR in the process of construction of its first wind farm on the plateau Podvelezje above Mostar. Wind Farm Podvelezje represents the first investment of Elektroprivreda BiH, and the annual production is estimated at 120 GWh.

Based on the Decision of the Government of the FBiH, PE Elektroprivreda BiH started activities on the preparation and construction of the Wind Farm Podvelezje on the micro-locations of Mali Grad and Svetigora at about 760 meters above the sea level. Elektroprivreda BiH obtained a concession at this location for the period of 30 years for the use of wind energy from the Herzegovina-Neretva Canton.

Senad Salkic, the Director for Capital Investments of Elektroprivreda BiH, stated that the project of Wind Farm Podvelezje is in the process of realization, and it should be completed in the third quarter of 2019, if everything goes according to the plan.

It is planned for this project to be constructed through three different contracts. The first contract for the construction of access roads and assembly places was signed and it is currently in the final phase. The second contract, which refers to the construction of the substation and the medium-voltage cable distribution, has been signed as well and it is in the process of the preparation of project documentation. PE Elektroprivreda BiH is in the final stage of evaluation of offers when it comes to the third contract that refers to the production, delivery and installation of wind turbines,” noted Salkic.

“The value of the investment amounted to 83 million EUR, which includes financing and procurement of wind turbines, i.e. their production, transportation, assembly and testing, as well as the financing of the substation 110 kV, the construction of access roads and assembly platforms. The project is financed through the loan from the KfW bank in the amount of 65 million EUR, and the remaining amount will be procured from the funds of PE Elektroprivreda BiH,” noted Salkic.

They are planning 15 wind turbines with individual power of up to 3.2 MW and total installed capacity of up to 48 MW. The annual production is estimated at 120 GWh.

(Source: R. D./Klix.ba)

 

 

 

 

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