Three Chinese companies bid to construct 350 MW Bosnia coal power plant

27/07/2015 10:00 Coal

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Three Chinese firms have bid to finance and construct a 350 megawatt (MW) coal-fired power plant in central Bosnia, as stated on Friday by Munever Cergic, the general manager of Banovici coal mine, the future plant operator.

According to Cergic, the companies are Shanghai Electric Group Company Ltd, China Gezhouba Group Company Ltd and Dongfang Electric Corporation Ltd, adding that Shanghai Electric Group presented the most favorable offer. The plant, which will burn coal from the neighboring Banovici mines, is scheduled to be linked to the grid by 2018. It will generate 2,047 gigawatt-hours (GWh) of electricity a year. The Banovici coal mines are among the biggest in Bosnia with reserves assessed at 147 million tonnes and average yearly production of 1.5 million tonnes. Bosnia gets 40 percent of its electricity from hydro power and the remainder from coal-fired plants, making the Balkan nation one of the few in the region able to export power.

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