December 16, 2014
Belgrade/Banja Luka/Sarajevo, 16 December 2014: As the third annual summit of Chinese and Central and Eastern European leaders gets underway today in Belgrade, problems are mounting for the lignite projects planned in the Balkan region. Today alone, an official complaint has been submitted to the Energy Community Secretariat on the planned 600 MW Ugljevik III lignite power plant in Bosnia and Herzegovina, and a new analysis has been published showing that the planned 450 MW Tuzla 7 lignite plant – also in Bosnia and Herzegovina – is likely to be economically unviable.
December 16, 2014
The public company Elektroprivreda BiH is developing a project for the construction of unit 7 at the Tuzla lignite-fired power plant. The key financial indicators presented in JP Elektroprivrede BiH’s document have been derived in an unclear manner, but even with these figures it is clear that the project is poorly grounded. This creates potential threats to Bosnia and Herzegovina’s public budget since the project will likely receive state support.
Public in Bosnia-Herzegovina to pay for shaky economics of Tuzla 7 coal plant, but will officials take heed?
July 21, 2014
After several years of developments related to a seventh unit at the Tuzla power plant in Bosnia and Herzegovina, the public is now able to understand the plant’s economics, thanks to a document published in the run-up to a debate in the Federation of BiH parliament this week. It might have been a better idea to have this debate earlier, considering that the news is not exactly good for the project developer, Elektroprivreda BiH (EPBiH).
May 14, 2014
Back in early February this year, workers at several privatised companies started protesting in Tuzla. The workers expressed outrage at how factory owners were not paying social security contributions, thus making their employees no longer eligible for health care, social security or pensions.