The state-owned utility, EPBiH, is making significant strides in enhancing its renewable energy initiatives through new concession agreements with the Central Bosnia Canton. This development was formalized with the signing of agreements by EPBiH CEO Sanel Buljubašić and Economy Minister Seđad Milanović, marking a pivotal moment for institutional collaboration in the energy sector.
The agreements encompass the Vlašić wind farm, which is set to be developed, constructed, operated, and maintained under these new terms. Additionally, amendments to existing contracts for the Gračanica 1 and Gračanica 2 solar projects in Bugojno have been included. This framework aims to foster closer cooperation between local authorities and EPBiH on projects deemed strategically important for the region.
Officials have highlighted that this partnership is designed to bolster electricity infrastructure, improve security of supply, and stimulate economic growth within the region. By aligning efforts between public institutions and the national energy company, these projects are anticipated to lay a foundation for sustained investment and long-term development.
The planned Vlašić wind farm will be situated on a high-altitude plateau at approximately 1,850 meters above sea level, showcasing significant wind potential. The project includes plans for up to nine wind turbines with a total capacity of 50 MW, expected to generate between 112 and 116 GWh annually.
Total investments for this wind initiative are projected at around €90 million. In December 2025, the Council of Ministers of Bosnia and Herzegovina approved draft agreements for loans and grants from Germany’s development bank KfW to facilitate this project, with the financing package totaling €38.4 million.
Progress is also evident in the solar energy sector. With backing from the European Bank for Reconstruction and Development (EBRD), the final procurement phase for the Gračanica 1 and Gračanica 2 photovoltaic plants commenced in December 2025. A right-to-build contract has been established for these facilities, which will have a combined capacity of 45 MW. Ongoing efforts include securing grid connections, managing land expropriation processes, and modifying land-use designations.
