Siemens have been awarded an $81m deal by Bosnia’s power utility Elektroprivreda HZHB (EPHZHB) to supply wind turbines for its future 44 MW wind farm.
Located near Tomislavgrad, the Mesihovina wind farm is aimed at improving the energy mix of the smallest of Bosnia‘s three state-run power utilities, which relies solely on hydroelectric power to produce electricity.
The project will be financed mainly through a loan provided by German state-owned development bank KfW. It is set to be completed in 2017, EPHZHB said in a statement.
Bosnia generates 40 percent of its electricity from hydro and the rest from coal-fired plants. Unlike other countries in the emerging Balkans that rely on imports to cover much of their demand, it is able to export power due in large part to its hydro.
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