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Oct 24, 2019 15:37 EEST
October 24 (SeeNews) - Bosnia's Eko Energija plans to invest 1.5 million marka ($853,556/766,938 euro) in the construction of a 300 kW hydro power plant (HPP) on the river Kaljina, some 230 km southeast of Banja Luka, local media reported on Thursday.
News portal Biznisinfo.ba quoted the deputy energy minister of Bosnia's Serb Republic, Milan Bastinac, as saying that the Sokolac municipality, where the mini-HPP will be built, has met all the regulatory requirements, which is a condition for the ministry to recommend to the entity's government to grant a concession for the use of the water of the Kaljina river.
"Once we finish the procedure, which should be completed in four months, the investor could launch works in autumn, which means that the mini HPP could be commissioned in a year from now", Bastinac said.
The construction works will be led by the Serb Republic's energy ministry.
Sokolac is a town in the Serb Republic, one of two autonomous entities that form Bosnia and Herzegovina. The other one is the Federation.
(! euro = 195583 marka)
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