News in English     | 07.03.2019. 15:13 |

FBiH HoR gives consent for a loan guarantee for TPP Tuzla Block 7 construction

FENA Vernera Jakupović

SARAJEVO, March 7 (FENA) - The House of Representatives of the Parliament of the Federation of Bosnia and Herzegovina in today’s session has approved by majority vote that the Federation of BiH provides guarantees to the public enterprise Elektroprivreda BiH for a loan with the Export–Import Bank of China (China Exim Bank), for the project of construction of the Block 7 of the Tuzla Thermal Power Plant with capacity of 450 MW.

The House of Representatives also supported the decision to give consent to the FBiH Ministry of Energy, Mining and Industry in the process of obtaining energy permits under this project.

The decisions were approved with more than 70 votes with six abstained.

(FENA) S. R.

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