Director of Bosnian power utility EPBiH Bajazit Jasarevic said that the procedures related to the construction of unit 7 at thermal power plant Tuzla are nearing completion, and the works that precede the construction of this facility could start in five to six months.
Jasarevic confirmed that EPBiH, with the help of Federal Government, has completed negotiations with the Development Bank of China regarding the financing of the project, adding that the final draft of the agreement has to be approved by EPBiH’s Supervisory Board, while the decision on providing loan guarantees has to be approved by the Government and the Parliament, which is expected to happen in the second half of the month. The final agreement should be signed by the end of October.
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