December 24, 2024
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Bosnia and Herzegovina, RS will takeover the two projects for which Russian Comsar Energy has previously obtained concessions

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In 2018, Russian company asked RS Government to extend the concession granted for the construction of TPP Ugljevik 3 for an additional 15 year or the company will give up the investment. The request includes the extension of the concession period from 30 to 45 years, because the current concession period of 30 years is deemed unprofitable due to lower electricity prices. At the same time, Comsar Energy requested to reduce the power output of the future plant from 600 to 350 MW. However, in early 2020, Comsar Energy requested that the installed capacity should be increased to 700 MW.

In early 2021, RS Government once again met the request of Comsar Energy and extended the deadline for the construction and usage of coal- fired thermal power plant Ugljevik 3 to 44 years. Previously, Comsar Energy requested for its concession to be extended from 30 to 45 years.

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