FBiH Parliament approves Tuzla 7 guarantee despite Energy Community objection

8 March 2019, Balkan Green Energy News

The House of Representatives of the Parliament of the Federation of Bosnia and Herzegovina (FBiH) has approved a guarantee for a EUR 614 million loan from the Export–Import Bank of China’s (Chexim – China Exim Bank) to state-owned power utility Elektroprivreda BiH (EPBiH) to build a new, 450 MW unit of the Tuzla coal-fired power plant. The project is now pending approval from the House of People of FBIH Parliament, which must also give a green light to two agreements – on the credit line (between Chexim and EPBiH) and on the guarantee (between Chexim and FBiH). FBiH Parliament approves Tuzla 7 guarantee despite Energy Community objection