Elektroprivreda RS picks a local consortium for the 60 MW Hrgud wind farm: BAM 160.1 million, full financing

Elektroprivreda of Republika Srpska (ERS) published on 4 November its decision selecting the most favourable bidder for the construction of the 60 MW Hrgud wind farm and related infrastructure. The winner is a consortium of companies from Bosnia and Herzegovina led by El Promet of Laktaši, which came ahead of a Chinese group.

What was decided. According to Capital.ba, the consortium also includes Lager (Posušje), Ventum gradnja, Eko-Euro Tim, Gradip (Prnjavor), Vendom (Laktaši), the Civil Engineering Institute of Banja Luka and Naša banka of Banja Luka. Its bid scored 94.413 points, against 85 points for the SDHS CSI – CEWUD consortium, made up of China Shandong International Economic & Technical Cooperation Group and Cewud. Two bids were submitted.

The figures. The contract is worth BAM 160.1 million (about EUR 81.9 million), excluding VAT, with a 24-month construction period and a 36-month warranty, according to Balkan Green Energy News. The financial package was decisive: the local group offered to finance the entire project through a loan with a fixed 7.79% interest rate, repayable over 120 months with a 36-month grace period, while the Chinese bid covered 80%. The wind farm will have 10 turbines and an estimated output of about 160 GWh a year.

Context. Hrgud lies on the plateau of the same name in the municipality of Berkovići, in southern Bosnia and Herzegovina, about 50 km northwest of Trebinje. The project has been in preparation for more than a decade; it stalled in 2023 after Germany withdrew its financing and was revived at the end of 2025. The tender followed the EPC+F model, in which the contractor also brings the financing.

What comes next. According to Capital.ba, the draft contract will be sent to the winner 15 days after all participants are notified, and dissatisfied bidders may appeal under the public procurement law of Bosnia and Herzegovina.

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