By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: 520 Million EUR worth Investment: Construction of TPP Banovici to start Next Year
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > 520 Million EUR worth Investment: Construction of TPP Banovici to start Next Year
BUSINESS

520 Million EUR worth Investment: Construction of TPP Banovici to start Next Year

Published: July 31, 2017
Share
SHARE

Construction of the Thermal Power Plant Banovici could start in the spring of the next year. All required licenses should be issued by the end of this year. The construction will last for about 5 years and the value of the investment was estimated at 520 million EUR. Thus was given the advantage to TPP Banovici in relation to the construction of the Block 7 of the TPP Tuzla, which caused a lot of controversies.

The approval of the Government and Parliament of FBiH is needed for the production of more than 30 megawatts. “The Ministry will issue an energy license. TPP Banovici will make a further progress, and I hope that they will start with works by the end of this year, and this power plant should be put into operation in about 40 months,” said Stipe Buljan, secretary of the Ministry of Energy, Mining and Industry of FBiH.

“These are strategically significant projects for our country. We believe that the conditions for them to finally be realized have been met,” said Ismet Osmanovic, the President of the SDA Club in the House of Representatives of the Parliament of FBiH.

In the Government of FBiH noted that this is not about giving priority to one project, because both Banovici and Tuzla, substitute blocks, are owned by the FBiH. TPP Banovici was first because activities related to this block are conducted faster, and there is difference in the energy value of the coal as well.

“It is well-known fact that the coal in Banovici has higher energy value, and thus it has higher chances to be more cost-effective. The price of a megawatt is 43 EUR. Coal in Tuzla is less caloric and the price for it is 52 EUR, depending on the market. Last year’s market had a price of 25 EUR, now it is around 100 EUR,” said Fadil Novalic, the Prime Minister of the FBiH.

Now the Elektroprivreda BiH has to fulfill its part of obligations from the agreement on the construction of TPP Banovici, and the Government of FBiH claimed that it will be completed in the next 15 days.

(Source: akta.ba)

Ambassador of Sweden Hagelberg met with Experts of Labour issues in BiH
Presidency of Bosnia and Herzegovina adopted Budget for Institutions
Intral BH brought Aida from Tuzla back on their Feet
Citizens helping Dita Tuzla again
Record Number of Exhibitors at the Economy Fair in Celinac
TAGGED:#BiH#construction#energyTPP BanoviciTPP Tuzla
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Junior Basketball Team of BiH won against France in the first Round of the European Championship (Video)
Next Article Lorens Listo is the Winner of 451st Jumps from the Old Bridge in Mostar
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

Japanese Film Festival to bring Japanese Cinema to Five Cities across BiH
November 4, 2026
Federal Police Administration conducts Searches of the Residential Properties
November 4, 2026
Federal Ministry holds Meeting on State Property in Vares
November 4, 2026
Becirovic congratulates Algerian President, calls for stronger Cooperation between Two Countries
November 4, 2026
Nikšić: Those Seeking Our Support for the New FBiH Government Must Apologize to Us
November 4, 2026
SIPA arrests Four Persons, finds a fake EUROPOL ID Card
November 4, 2026
What Lies Behind Dodik’s Message to Bosniaks on a “Definitive Conversation with Croats and Serbs?”
November 4, 2026
International Conference on Combating Corruption Opens in Neum
November 4, 2026
BiH Citizens prevented from Smuggling 28 Foreign Nationals
November 4, 2026
SIPA conducts the “BIG” Operation in Sarajevo
November 4, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?