Elektroprivreda Republike Srpske (ERS), the power utility of Bosnia’s Serb entity, the Republika Srpska, has unveiled the completed Bočac 2 hydropower plant (HPP), which has an installed capacity of 8.76 MW and expected annual output of 41.6 GWh of electricity.
The project cost 21.5 million euros and is expected to break even within seven years and creates 32 jobs.
“Such facilities produce energy and stability, which is our priority. In the future, the Serb Republic will have to build more such facilities,” said Milorad Dodik, the president of the Republika Srpska.
In addition, a newly built small hydropower plant (SHPP) with an installed capacity of 586 kW close to HPP Bočac 1 was also unveiled. The SHPP will serve the self-consumption of Hidroelektrane na Vrbasu (HNV), a subsidiary of ERS.
HNV is the direct investor in the project and stated that HPP Bočac uses a clean and renewable energy, thus having no adverse impact on the environment.
HNV General Manager Nedeljko Kesić stated that annual revenues from the new HPP will be 2.81 million euros.