Two Electric Power Industries in Bosnia and Herzegovina signed 100 Million BAM worth Contracts for joint Production of Electricity

November 16, 2019 1:00 PM

 

 

The Directors of the Electric Power Industry of Republika Srpska, Luka Petrovic and the Electric Power Company of HZHB, Marinko Gilja, signed on Friday in Mostar contracts for joint production of electricity at the Capljina Hydroelectric Power Plant in 2020, with an estimated value of 100 million BAM.

The provisions of this contract of the Republika Srpska Electric Power Company are obliged to provide regulated discharge of water at the Gorica Dam of its Trebinje Hydro Power Plant, while Mostar Electric Power Company has undertaken to provide electricity production at the Capljina plant.

Petrovic said that this contract continues the good cooperation between the two power companies and that the signed contract is of benefit to both companies, but also the local communities Neum, Capljina and Ravno, Biznis Info reports.

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