Bosnia and Herzegovina's state-controlled energy company Elektroprivreda BiH said it will soon start construction of 15 wind turbines for 48 MW Podvelezje wind farm near the southern town of Mostar.
Photo: NortheastMarketing / Wikimedia Licence: CC BY-SA
Elektroprivreda has already completed construction of a 110/30 kV transformer station, medium-voltage cable network and telecommunications network for the future needs of the facility, and is now awaiting a construction permit for the foundations of the wind turbines, the company said in a statement on Friday.
EPBiH has signed a 30-year concession contract for the project with the government of Bosnia's Herzegovina-Neretva Canton. The project will be financed by a loan from German development bank KfW and own funding.
According to earlier information by EPBoH, the KfW loan will be in the amount of €65-million, whereas EPBiH will invest €3-million.
The estimated annual production of the wind farm is 130 GWh.
The facility will be built by a consortium comprising of Croatia's Siemens Gamesa Renewable Energy and Denmark's Siemens Wind Power A/S, both units of Spanish engineering company Siemens Gamesa.
In June, EPBiH said it plans to commission the Podvelezje farm in February 2021.
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