Nuclearelectrica and Electrica signed 6.3 million euros worth electricity supply contract - Romania, 23 June 2017  |  RADET recorded losses in 2016, ELCEN reported profit - Romania, 23 June 2017  |  Gas suppliers no longer obliged to mandatory gas reserves - Romania, 23 June 2017  |  Electricity price for households to increase by 8 % as of 1 July - Romania, 23 June 2017  |  Hidroelectrica’s profit increased by 26 % in the first five months of 2017 - Romania, 23 June 2017  |  EPCG offers electricity supply for 42 euros/MWh to KAP - Montenegro, 23 June 2017  |  Domestic production covered 60 % consumption in April - Macedonia, 23 June 2017  |  Solar panel boom expected in Hungary - Hungary, 23 June 2017  |  Rosatom interested in participating in NPP Belene project - Bulgaria, 23 June 2017  |  NPP Kozloduy to supply 50 % of electricity on Bulgarian liberalized market - Bulgaria, 23 June 2017  |  SHPP Ziraja 2 commissioned - Bosnia and Herzegovina, 23 June 2017  |  Tender for the construction of two HPPs - Albania, 23 June 2017  |  Bulgaria and Greece to speed up gas interconnection project - Region, 23 June 2017  |  Environmental impact assessment for TurkStream offshore section published - Turkey, 22 June 2017  |  Serbia expects positive assessment of its energy sector reforms - Serbia, 22 June 2017  |  Senvion to supply turbines for Alibunar wind farm - Serbia, 22 June 2017  |  Ten heating plants to switch to biomass - Serbia, 22 June 2017  |  Over-taxation of domestic gas producers benefits Gazprom - Romania, 22 June 2017  |  Montenegrin electricity exchange established - Montenegro, 22 June 2017  |  NPP Krsko plans to produce 5.9 TWh of electricity in 2017 - Slovenia, 21 June 2017

MoU on HPP Buk Bijela project to be signed with Chinese company – Bosnia and Herzegovina, 16 June 2017

The Government of the Republic of Srpska (RS) has adopted a decision on the approval to sign the Memorandum of Understanding (MoU) on the construction of hydropower plant Buk Bijela with Chinese company China National Aero-Technology International Engineering Corporation and tasked Minister of Industry, Energy and Mining Petar Djokic to sign the MoU.
In June 2016, the contract on the concession grant for the construction and operation of 93.52 MW HPP Buk Bijela between the RS Government and the consortium which consists of power utility ERS and its subsidiary “Hidroelekrane na Drini” has been signed. The concession is granted for a period of 50 years and the estimated value of the investment is around 195 million euros. The concession includes the preparatory period of 12 months from the day of contract signing. The preparatory period includes the development of the project documentation and obtaining all necessary permits, followed by the investment of some 21.5 million euros.

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