EBRD granted to JP EPBiH a loan worth 35 million euros

European Bank for Reconstruction and Development (EBRD) has granted to public company JP Elektroprivreda BiH a loan worth 35 million euro for implementation of construction of projects of hydro plant HPP “Vranduk” and rehabilitation and expansion of the capacity of HPP “ Una Kostela “ (Una-Sana canton) under favorable credit terms.

The credit was approved after all the necessary economic technical and environmental preconditions had been met  .  
From the approved amount for construction of HPP Vranduk  26 million euro are planned while  for HPP „ Una Kostela“ are planned 9 million euro .  

After the prior approval which was provided by the Government of FBiH for the credit indebtness  in  accordance with  the Law on Debt, Borrowing  and  Guarantees in the FBiH also  Parliament FBiH  needs to consent.