December 20, 2013

The Government of the Republika Srpska has terminated four concession contracts which foresaw the construction of small hydro-power plants. This is due to a lack of money and the unwillingness of the municipality of Sipovo to participate in this project.

The terminated contracts were for the construction of small hydro-power plants Lukavica – Milic on the river Lukavica with the concessionaire “Inving” Vlasenica, Duljci on Pliva with the concessionaire “Energokompani” from Banja Luka, Basici on the river Janj with the concessionaire “Petrogeneks” from Sipova and Orahova on the river Vrbanja with the concessionaire “25. novembar” from Celinac.