RWE Innogy enters partnership to develop hydropower plants

RWE Innogy has entered into a strategic partnership with Republika Srpska, an entity within Bosnia and Herzegovina, and state-owned utility Elektroprivreda Republika Srpske (ERS) to develop, construct and operate four hydropower plants.

The contracts were signed today in the presence of Milorad Dodik, Republika Srpska’s president.

RWE Innogy had previously been chosen as the preferred bidder in an official tender procedure.

Over the next few years, joint venture companies will develop four run-of-river power stations on the Drina, where installed power will total 210MW.