March 13 (SeeNews) - The energy ministry of Bosnia's Serb Republic said on Friday it has opened a tender for awarding a concession contract for construction of a 60 MW solar power plant - a project worth an estimated 70 million marka ($39.9 million/35.8 million euro).
The photovoltaic (PV) plant will spread on 133 hectares near Bileca and will produce an estimated output of 84 GWh per year, the entity's energy ministry said in the public call.
The concession fee will amount to 0.0055 marka per produced KWh of electricity.
The concession will be granted for a period of 50 years. The deadline for submitting offers is 30 days from the publishing of the call for tendering in the Serb Republic's official gazette.
The Serb Republic is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Federation.
(1 euro = 195583 marka)