JP Elektroprivreda BiH d d Sarajevo : adopted the business plan

The plan contains an analyse of the environment and risks what may arise in the next three years involving market prices of electricity , purchase prices for coal , electricity prices for households that not correspond to the actual costs .
The strategic plans and objectives of the Company laid down in the business plan are stability in electricity production and supply , improvement of business processes by better productivity and costs rationalisation , investments in construction and reconstruction of the electric power capacities .
The planned electricity production in period 2017 - 2019 is 22.851,9 GWh. The electricity produced by the hydro plants are of 20% and the other electricity production are refered to the thermo power plants and wind park . In 2019 are planned electricity from the wind park ' Podveležje' in amount of 120 GWh in year .
By the business plan 2017- 2019 the planned investments in production are 77.216 thousand KM, investment to distribution activities 219.762 thousand KM , for supply and trade activities 4.989 thousand KM.
Business objectives for three years is to be continued construction of HPP 'Vranduk' and start with construction of facilities - Block 7 at TPP 'Tuzla', WP 'Podveležje', small HPP at Neretvica river as projects in final phase , where construction can start in 2017. Then construction of HPP 'Janjići', HPP Una Kostela-Anex, TPP 'Kakanj' - Block 8, projects to be started untill the end of 2019.
Business in 2017
Total electricity production of 7.694,1 GWh is planned for 2017 what is more for 5,9 % compared to the current year and electricity consumption of 5.104,3 GWh or 2,0% more than in 2016.
The planned total income in 2017 is 1.029.790 thousand KM, total costs and expenses of 1.029.252 thousand KM and net profit 538 thousand KM.
Some additional aims for period 2017-2019 are to be in operation facilities as Wind Park 'Podveležje', small HPP at Neretvica and the first phase of HPP 'Vranduk'.