Open construction site HPP "Vranduk"

By ceremony of opening construction site for HPP „Vranduk“ , held on September 8, 2016 has officially started construction of the first hydro plant in system of Elektroprivreda BiH in the post - war period.

Executive Manager for capital investment in Elektroprivreda Bih dr.Senad Salkić pointing importance of new plant construction  said that future five years of the investment cycle in worth of 2 billion  KM will be contribution to economic growth as great interest of electro energy sector . The investment cycle arising from the decision of FBiH Government  is  driving force for economy and contribution for local communities and economy , said dr.Salkić.
Bakir Izetbegović, Chairman of Presidency of Bosnia and Herzegovibna , has officially declared begin of the works emphasizing that construction of HPP ¨Vranduk¨ is  one of  projects which will turn Bosnia and Herzegovina into a huge construction site and the next year will be marked by massive construction of infrastructure  . 
Denis Zvizdić, Chairman of Council of Minister BiH pointed to European path of Bosnia and Herzegovina where those investments are what European Union require
Fadil Novalić, Premier of FBiH pointed to the energy independence as official economy  strategy of FBiH .  
Nermin Džindić, Minister of energy , mining and industry in FBiH  spoke about importance to fullfill  work tasks  for using  renewable energy sources and the rivers  potentials  .  
HPP ¨Vranduk¨ with installed capacity of 19,6 MW will produce  annualy 100 GWh electricity by which will be increased share of electricity producing from renewable sources and decreased emission of  CO2 .      
Hydro Power Plant „ Vranduk¨ is financed by funds of  JP Elektroprivreda BiH  and credits of  European Investment Bank (EIB) and European Bank for Reconstruction and Development  (EBRD). The plant will be constructed  by  Joint Venture  STRABAG  AG Austria.   
The works completion is planned for  11. November  2019.
During exploatation of the facilities , by inflow of the funds based on contracted annual fee concession  from water contrubutions and income taxes will be improved  the financed basis for development of local and wider social community.  
JP Elektroprivreda BiH has financed through friendly environment number of projects as from  road infrstructure, lighting , sewage  and sports  in the local communities  close to location  of  HPP ¨Vranduk¨.