• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Bankwatch

  • About us
    • Our vision
    • Who we are
    • 30 years of Bankwatch
    • Donors & finances
    • Get involved
  • What we do
    • Campaign areas
      • Beyond fossil fuels
      • Rights, democracy and development
      • Finance and biodiversity
      • Funding the energy transformation
      • Cities for People
    • Institutions we monitor
      • European Bank for Reconstruction and Development
      • European Investment Bank
      • Asian Infrastructure Investment Bank
      • Asian Development Bank (ADB)
      • EU funds
    • Our projects
    • Success stories
  • Publications
  • News
    • Blog posts
    • Press releases
    • Stories
    • Podcast
    • Us in the media
    • Videos
  • Donate

Home > Projects > Kamengrad lignite power plant, Bosnia-Herzegovina

Kamengrad lignite power plant, Bosnia-Herzegovina

An idea to build a power plant at the open-cast Kamengrad coal mine near Sanski Most in the Federation of Bosnia and Herzegovina has been around for years, but in November 2017 it took a step forward with the signing of a Memorandum of Understanding between Energy China International and the construction supplier Lager d.o.o. for a 2 x 215 MW plant.

kamengrad lignite power plant, Bosnia-Herzegovina

Stay informed

We closely follow international public finance and bring critical updates from the ground.





Background

CANCELLED: An idea to build a power plant at the open-cast Kamengrad coal mine near Sanski Most in the Federation of Bosnia and Herzegovina has been around for years, but in November 2017 it took a step forward with the signing of a Memorandum of Understanding between Energy China International and the construction supplier Lager d.o.o. for a 2 x 215 MW plant. 

Few details are available about the plant, and it has no environmental permit and no financing. As with other plants across the region, unrealistic employment promises have already been made. In December 2017 head of the Sanski Most District Faris Hasanbegović stated that it would provide 1000 workplaces.  

This does not appear to have convinced local people, however. As it would be a new power plant, it has attracted much more opposition locally than most other planned plants in the country. Sanski Most is located on the beautiful river Sana and prides itself on having no fewer than nine rivers in the district altogether. As a scenic and green area many of its residents feel that the power plant will spoil its potential for agriculture and tourism rather than bringing prosperity. 

At a public debate on the adoption of the Una-Sana Canton spatial plan in August 2018, Sanski Most residents and the local council demanded the removal of the power plant project from the plan. This was carried out, although the plan was never adopted. In November 2019, another presentation of the Kamengrad coal power plant project appeared on the agenda of the Sanski Most Municipal Council. However, the meeting was cancelled after public pressure. 

Another issue is that the concession for the mine was awarded to Lager d.o.o. after a bankruptcy procedure was carried out for the previous operator, RMU Kamengrad, but in 2017 the bankruptcy decision was declared illegal by the Constitutional Court of Bosnia and Herzegovina and returned to the Una-Sana Canton court.  

As of early 2026 the plant is very unlikely to go ahead and does not appear in Bosnia and Herzegovina’s ten-year network development plans, so we consider it cancelled. 

Latest news

CEE Bankwatch Network Questions Feasibility of Montenegro’s Pljevlja II TPP

Bankwatch in the media | 3 August, 2016

[…]

Read more

Montenegrin power plant feasible only with creative accounting

Blog entry | 1 August, 2016

Just as everyone else was going on holiday, on Friday night the Montenegrin parliament approved two decisions laying the ground for the controversial Pljevlja II lignite power plant. But a look at the project documentation released by the government shows that the project’s economics only add up with some giant leaps of faith.

Read more

Drugi blok nije isplativ

Bankwatch in the media | 26 July, 2016

Ako će cijena izgradnje biti 321 milion eura, ako će Crna Gora odložiti plaćanje ugljen-dioksida do 2026. godine, ako će cijena struje značajno rasti, ako će cijene CO2 rasti sporije nego očekivano, ako će se troškovi proizvodnje uglja smanjiti na 17,5 eura po toni u sledećih 10 godina i ako se ne plaća PDV na opremu i izgradnju, onda će Pljevlja 2 možda biti isplativ, kazala ja predstavnica CEE Bankwatch Network Pipa Galop

Read more

« Previous Page
  • 1
  • ...
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • ...
  • 200
Next Page »

Related publications

Priority measures for energy efficiency in buildings: Discussion paper on energy poverty, energy sufficiency and deep renovation in the Western Balkans

Discussion paper | 27 January, 2026 | Download PDF

In the Western Balkans, buildings use more than 40% of energy, and they are poorly insulated, inefficient and reliant on outdated heating systems, leading to energy waste. 


Implementation of the Climate Investment Funds Accelerating Coal Transition Investment Plan for North Macedonia, with recommendations for 2026

Briefing | 19 December, 2025 | Download PDF

This briefing takes a closer look at the Annual just transition implementation plan 2025 and gives several recommendations for the 2026 update.


Beyond the scoreboard: Energy sector transformation under the Reform and Growth Facility for the Western Balkans

Report | 5 December, 2025 | Download PDF

This analysis offers an overview of the energy-related reforms from Albania, Kosovo, Montenegro, North Macedonia and Serbia and then evaluates the countries’ progress.


  • 1
  • 2
  • 3
  • 4
  • ...
  • 52
Next Page »

Footer

CEE Bankwatch Network gratefully acknowledges EU funding support.

The content of this website is the sole responsibility of CEE Bankwatch Network and can under no circumstances be regarded as reflecting the position of the European Union.

Unless otherwise noted, the content on this website is licensed under a Creative Commons BY-SA 4.0 License

Your personal data collected on the website is governed by the present Privacy Policy.

Get in touch with us

  • Bluesky
  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • RSS
  • YouTube