Elektroprivreda RS is planning investments worth 357 million KM in 2017. – Most money goes to TPP Ugljevik

Elektroprivreda RS is planning investments worth 357 million KM in 2017. – Most money goes to TPP Ugljevik

Elektroprivreda of the Republic of Serbian (EDF) will transfer 2016 production plan by 10%, reduced distribution losses, while the total investment for 2017 is provided in the amount of 357 million KM, said Director ERS Zeljko Kovacevic .

When it comes to the business of individual companies, Kovacevic said that their financial statements are expected in late February, and it is too early to talk about figures, while the consolidated report of Holding Elektroprivreda RS will be 30 April 2017.

Kovacevic stresses that the most important investments for the next year related to production companies three hydro power plants and two thermal power plants and the notes that EDF, mainly from its own funds, in the coming year to invest in new facilities and equipment manufacturing enterprises.

– For this purpose is planned 248 million KM, while it is right to say that 2017 will be an investment year – said Kovacevic, and as the most important investment projects, announces the construction of water supply tunnel from the intake structure and the access tunnels for hydropower plant Dabar, the start of construction work on building MHE Bočac 2, and for preparatory work on the project hydroelectric power plant Buk Bijela.

The highest investment, points out, being in Ugljevik planned 122 million KM.

– For the desulphurization project we have singled out 30 million KM, and the work will also be capital overhaul of generator, reconstruction of electrostatic precipitators, acquisition of mining machinery, haulers, excavators – specifies Kovacevic.

As for the mine and power plant (TPP) Gacko, planned investment overburden coal in the amount of 7 million KM and purchase of mining equipment.

Planned investments electricity distribution companies in 2017 will amount to 96.8 million KM, and 60 million for the construction of new transmission facilities, and the remaining money will be spent to repair existing networks and facilities.

EDF and invest in foreign affairs, so that the construction of the indoor swimming pool in Trebinje, whose works will start next year, allocated 4.8 million KM.

Kovacevic recalls that, from 1 January to 31 October this year, realized 111.5 million of investments, primarily in the manufacturing companies which are in capital projects, new equipment and facilities invested, 77.5 million KM.

When it comes to distribution losses, Director of ERS notes that the trend of their reductions, noting that in 2016 amounted to around 11.5%, which is at the level of real technical system losses, and lower than Serbia, which amounts about 14% and Montenegro 16%.

Renewable Energy Projects in Bosnia and Herzegovina

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