Bosnia's central government said it has supported the finance ministry's initiative and appointed delegations for holding talks with German lender KfW on two loans worth a combined EUR 130mn that will finance two hydropower projects. The projects concern the future Janjici plant (13.3 MW) and Vrilo plant (62 MW) that will be both located in Bosnia's bigger entity – the Federation. That is why the Federation's finance ministry will also take part in the talks along with the two state-owned power producers in the Federation – Elektroprivreda BiH (in charge of Janjici) and Elektroprivreda HZ HB (in charge of Vrilo). The Janjici plant project will be financed via a EUR 30mn loan with 15-year maturity and four-year grace period, the government said in a statement. The plant will be built on the river Bosna in the Zenica municipality. Janjici will produce 68 GWh annually. The Vrilo project will be implemented thanks to a EUR 100mn loan under the same terms. The plant will generate 190 GWh annually.
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