September 15 (SeeNews) - The government of Bosnia and Herzegovina's Federation said it has granted an energy permit to state-owned power utility Elektroprivreda HZHB for the construction of a 150 MW solar power plant in the Stolac municipality.
The solar power plant will have an estimated output of 263 GWh per year, the government of the Federation said in a statement earlier this week.
The economy ministry of Bosnia's Herzegovina-Neretva Canton awarded a 30-year concession contract to Elektroprivreda HZHB for the construction of the solar power plant in August.
The value of the investment is estimated at 180 million marka ($98.1 million/92 million euro), local news provider Vecernji List BiH reported earlier this year.
Elektroprivreda HZHB, the smallest of the three Bosnian state-owned power utilities, is based in the Federation, one of two autonomous entities that form Bosnia and Herzegovina. The other entity is the Serb Republic.
(1 euro = 1.95583 marka)