Tag: Gacko

Stable operation of RiTE Gacko is under threat – Bosnia and Herzegovina, 20 September 2019

According to the auditor’s report, the future operation of coalmine and thermal power plant (RiTE) Gacko is at risk because its short-term liabilities exceed current assets by more than 7.5 million euros and its survival depends on the financial support of the parent company – state-owned power util Full article available for subscribers of Energy […]

TPP Gacko does not meet necessary conditions for electricity generation – Bosnia and Herzegovina, 09 September 2019

The Energy Regulatory Commission of the Republic of Srpska (RERS) has determined that coalmine and thermal power plant (RiTE) Gacko do not meet a number of conditions for the production of electricity and ordered the company to implement a number of measures in order to meet these criteria. In an Full article available for subscribers […]

RiTE Gacko and RiTE Ugljevik to loan 135 million euros – Bosnia and Herzegovina, 13 August 2019

Four electricity generation subsidiaries of Bosnian state-owned power utility ERS plan to realize investments worth almost 200 million euros by the end of 2021 and will finance most of these investments with loans. ERS subsidiaries will invest some 52 million euros from their own sources, while addi Full article available for subscribers of Energy NEWS […]