PROJECT PROFILE – JP Elektroprivreda BiH d.d.-Sarajevo

Project Title / Wind power plant Bitovnja – electricity production (48 MW – 57 MW)
Sector of Industry / Energy
Location / Bitovnja mountain, Municipality Konjic
Objective of the project / Electricity production from renewable and clean source. Road and electricity network development. Opening of new working places.
Key characteristics and advantages of the project / Electricity production from renewable and clean source – wind energy. All analysis are based on real measurements, done for more than 2 years at the specific site, according to applicable standards.
The financial aspect of investment - project:
Return on investment(ROI), Net Present Value, etc. / Based on the considered wind turbine type, values are in the following range:
IRR: 7,83% - 10,38% (based on P90)
IRR – FCF: 11,58% – 16,65% (based on P90)
NPV: 3,863,168 € – 19,637,889 € (based on P90)
Budget of expected investment – total investment / ·  Financing sources are not finally determined and will consist of own funds, new investor, loan, grant
·  CAPEX: cca. 63.400.000 € - 77.000.000 €
·  OPEX: cca. 1.600.000 €/year – 2.100.000 €/year.
Expected mode of cooperation with potential investor / JP EP BiH is open to various forms of cooperation
Company information / ·  JP Elektroprivreda BiH d.d. - Sarajevo
·  Generation, distribution, supply and trade of electricity,
·  Since 1945,
·  Vilsonovo šetalište 15, Sarajevo, BiH
·  Company Assembly: General manager and 6 Excecutive directors
·  90% owned by Federation of BiH, 10% stakeholders
·  Number of employees: 4.957
·  Utility company which owns 7 mines, generation facilities and the distribution grid. Safe, secure and reliable energy supply.
Company size / Corporate
Structure of sales ( year 2012 and 2013) / ·  2012: Total income: 473.600.000 €
·  2013: Total income: 515.497.000 €
Market position / The largest company in the country and one of the key players in the region
Financial data / ·  Income from electricity generation and ancillary services: 434.649.000 €, EBITDA: 76.068.000 €, net profit: 3.624.000 €
·  Fixed assets: 1.500.350.000 €, total assets: 1.747.000.000 €, total equity: 1.481.559.000 €, total liabilities and loans: 79.041.000 €, other liabilities: 186.672.000 €
Historical overview of the most important characteristics / Data for year 2014: Total electricity generated: 7.403,6 GWh, from which 21,8% in HPP and 78,2% in TPP. Net distribution consumption: 3.990,9 GWh. Total electricity sold: 2.783,8 GWh.
List of products / Coal, electric energy, thermal energy
Contact Information / ·  Bajazit Jašarević, General manager
·  +387 33 751 001
· 
·  www.elektroprivreda.ba
Other information / Prefeasibility study is available, based on real measurements on wind potential at the site