China is pushing for the Balkans, Bosnia launches a Chinese coal-fired power plant
September 22, 2016
The first fully private power plant in the Western Balkans has launched commercial supplies into the grid. The 300 MW coal-fired power plant, funded by China’s Development Bank, was put into operation on Tuesday. China thus strengthens its economic inf
First Balkans private power plant boosts coal dependence
September 20, 2016
* Chinese-built plant is first privately built in Western Balkans * Plant increases regional dependent on dirty coal * Chinese investment playing growing role in region’s power By Maja Zuvela STANARI, Bosnia, Sept 20 The Balkan region’s first privately-funded power plant came online on Tuesday, increasing the region’s dependency on coal-fired power stations even as environmental concerns are driving them to the brink of the extinction elsewhere in Europe.
BiH Business Forum: Region Welcomes Chinese Investments in Energy
May 5, 2016
Chinese investors are prepared to keep investing in Bosnia and Herzegovina (BiH), as well as Republika Srpska in the field of energy, among other things, said Petar Đokić, Republika Srpska’s Minister of Industry, Energy and Mining, yesterday at the 7th international investment conference ‘Sarajevo Business Forum (SBF) – Prospects for China +16 CEEC’, which is taking place in Sarajevo on 4-5 May. …
Power-hungry China stubbornly holds on to coal-fired power
January 12, 2016
China is awfully torn between coal power reduction and further growing its exports. When the OECD agreed to restrict subsidies for coal-fired power plants’ exports, both investors and the press had a field day. It was a big step in curbing the growth of global coal-fired power generation and it could have been a phenomenal day for the power industry–except that China, the biggest elephant in the room, was missing when the coal power reduction pact was made.
New Beijing-backed Asian Infrastructure Investment Bank struggles to convince on environment and sustainability issues
December 17, 2015
The Asian Infrastructure Investment Bank (AIIB), the China-led financial institution, has emerged as a multilateral development bank with the backing of 57 members in record time. Jin Liqun, president designate of the new financial institution set up to provide financing for infrastructure projects in south east Asia and countries along the Silk Road route in South Asia, Central Asia, the Caucasus and the periphery of Europe, has declared that the AIIB will be a ‘lean, clean, and green’ institution which upholds the highest standards of 21st century governance. Early doubts, though, hang over these aspirations.
Montenegrins criticise plan to bypass tender procedure in Pljevlja II coal plant procurement
July 29, 2013
Montenegrin NGOs Green Home and MANS have today sharply criticised Montenegrin government plans to choose a strategic partner for the EUR 300 million, 220 MW Pljevlja II lignite power plant [1] without conducting a proper tender. Instead the government has stated that it plans to sign an intergovernmental agreement and enact a special law on the project [2], thus signalling, according to the groups, that it plans to use a loophole in the law to avoid a tender procedure. [3]
