Bosnia's Metod Energija plans 22 MW solar power plant - report

The company submitted a self-initiated offer for the award of a concession, prompting the Ministry of Energy and Mining of the Serb Republic to launch a tender open to other bidders, news provider Indikator reported on Sunday.

Metod Energija will receive, in accordance with the law, up to a 10% bonus in bid evaluation points for initiating the project.

The concession will be awarded for up to 50 years.

The concessionaire will pay a one-time fee of 951,014 marka for the concession rights and a usage fee of 0.0055 marka per KWh of electricity produced.

The Serb Republic is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Federation.

(1 euro = 1.956 marka).