BUSINESS

European Bank for Reconstruction and Development: A Loan of 35 Million Euros Approved for Elektroprivreda B&H

European Bank for Reconstruction and Development (EBRD) approved to the Electricity Company of B&H Elektroprivreda a loan of 35 million euros for the implementation of construction projects HE “Vranduk” and for the rehabilitation and expansion of the capacity HE “Una Kostela(Una-Sana Canton), with good lending conditions.

For the construction of HE ‘Vranduk’ 26 million euros are planned, while nine million euros will be given for HE ‘Una Kostela’. The loan was approved after the fulfillment of all the necessary economic, technical and environmental preconditions.

The House of Representatives of  FB&H Parliament at the 22nd session scheduled for 24th September of this year will discuss the draft decision on granting preliminary approval for the loan from European Bank to Elektroprivreda B&H dd Sarajevo.

(Source: Fena)

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