THREE NEW HYDRO POWER STATIONS TO BE BUILT ON THE NERETVA RIVER

SARAJEVO, Bosnia (September 12,2008) - The building of three hydro power systems on the upper Neretva, worth around 1.356 billion Bosnian Marks was rated as justifiable and economically viable by an expert committee of the FBIH entity government yesterday. The committee has accepted a project developed by Intrade energy company.

It is deemed that the project’s environmental impact would be insignificant compared to the new amounts of clean energy available to the market. With a 30-year concession, the return on this investment will be high.
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