Elektroprivreda B&H in 2013 Achieved Record Production, Income and Profit

Elektroprivreda B&H (EPB&H) achieved in 2013 a record income, which exceeded one billion BAM, profit was more than 35 million BAM, and the record production of electricity is 7.471,96 GWh, said today the General Director of Elektroprivreda B&H Elvedin Grabovica.

Grabovica said that during last year, investments in mines took place and all the customers were regularly supplied with electricity.

During last year, 5.5 million tons of coal were purchased and the cost of coal for EPB&H is higher than 350 million BAM. Grabovica noted that there was a slight rise in the prices of coal, which allows better management of the mine and better working conditions of miners.

Besides investments in mines, Grabovica pointed out 138 million BAM invested in facilities of EPB&H during 2013.

“60 million BAM is invested in the production facilities and more than 58 million BAM in distributive network. More than 560 million BAM is invested in electric power facilities during the last three year of the mandate of this government”, stressed Grabovica.

Grabovica pointed out the construction of three new capital facilities (Blok 7- TE Tuzla, HE „Vranduk“, Wind farm „Podveležje“) as main plans and challenges for 2014, the  reconstruction of the company in accordance with the new law and the recapitalization of the mine.

(Source: Fena)