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NewsMontenegrin businessmen in a deal worth EUR 120 million

Montenegrin businessmen in a deal worth EUR 120 million

The Government of Republika Srpska gave a concession for the construction of the Planik wind farm and solar power plant in Bileća to the company B&B sunce i vjetar from this municipality, which initiated this procedure, Capital portal learns.
The project is worth 240 million KM (about 120 million EUR), and the concession was granted for 27 years.
The power of the solar panels is 80 megawatts and they should produce 106 gigawatt hours of electricity annually.
The wind farm will have an installed capacity of 39.6 megawatts, and the annual production is estimated to be 93.2 gigawatt hours.
For each kilowatt of electricity, the concessionaire will pay Srpska 0.0055 KM. He is also obliged to pay a one-time concession fee, which amounts to a total of about 1.2 million KM, before concluding the contract.
– If the concessionaire does not sign the concession contract within 60 days, he loses all established rights – it is stated in the decision of the Government of Srpska.
By the way, this procedure was followed by fierce competition.
Seven companies bought tender documents, of which three are from China, one each from Turkey and Austria, one from Israel and one from Bileća, which is owned by businessmen from Montenegro and Israel and which ultimately won.
 
Behind B&B Sunce i Vetar stands the owner of the Crnagoracoop coffee and confectionery factory from Montenegro, Nedeljko Babić, and with him in business is the director and founder of the company Sistem – MNE, Ljubiša Bošković, which deals with projects from renewable energy sources.
The companies BIG Energia Holding from Hungary and BIG Shopping Centers from Israel, which has its own retail chains in Serbia, are in business with them.
They founded the company with a total of two brands. Of that amount, Babić and Bošković each paid five pfennigs, or 2.5 percent of the total capital paid.
The company from Hungary paid 0.90 KM, and the one from Israel paid one whole mark, that is, 50 percent of the capital, local media reports.
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