Serb Republic signs concession deal with Vjetroelektrana Grebak for a 50 MW wind project
Date
April 25, 2019
Type
Projects
Subtype
Contract signature
Countries
Bosnia and Herzegovina
Subsectors
Onshore Wind
Contracting Authorities
Government of Bosnia Herzegovina
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The Government of Serb Republic in Bosnia and Herzegovina has signed a 50-year concession deal with local company Vjetroelektrana Grebak to build and operate a 49.5 MW wind farm in Nevesinje.
The project is expected to generate up to 130 GWh of power annually. The concessionaire pays a concession fee of BAM5.5/MWh (US$3.16/MWh) to the Serb Republic government, with 95% of the payments to be then transferred to the budget of the Nevesinje municipality. The Serb Republic government provides no subsidies to the concessionaire.
