MAY 2012 AndAnd

Elektroprivreda BiH BiH Elektroprivreda Elektroprivreda Power Sector ProjectsProjects Sector Power 6th South East Europe Energy (6th SEEED) DialogueEnergy East Europe South 6th Investment Opportunities Investment

“Redefining SE Europe’s Energy Map” Map” Energy Energy SE“RedefiningEurope’s SE“RedefiningEurope’s

• ELECTRIC SECTOR •Regulatory Agencies (1+2) •Independent System Operator •Transmision Company •Public Suppliers (3) •Producers (utilities & IPPs) •Traders

Electricity Market • All customers, except households, eligible 2011. SERC Report • All customers as of January 1, 2015. • Transition period „soft landing”

6TH SOUTH EAST EUROPE ENERGY DIALOGUE Basic Power Indicators of Bosnia and Herzegovina for 2010 & 2011

20102010 GWh 2011 2010 2%2% hydro power plants 4.326 7.946 49%49% thermal power plants 9.588 7.869 136 253 small and industrial PPs 49%49% Total Generation 14.050 16.068

Consumption 12.593 12.266 20112011

68%68% 31%31%

1%1% HPPs TPPs SHI 6TH SOUTH EAST EUROPE ENERGY DIALOGUE ELEKTROPRIVREDA BiH --- COMPANYCOMPANY PROFILEPROFILEPROFILEPROFILE

• Bigest Electric Utilities in B&H • Power generation, distribution & supply • Share Capital (90 % State & 10 % private share) • Operates with 2 TPPs (1,165 MW), 3 HPPs (504 MW), 8 SHPPs (13 MW) • Total Instaled Capacity 1,682 MW • 100% owner of seven coal mines

Basic information for 2011 • Generation 7,295 GWh • Total revenues 488.9 million € • Net profit 0.8 million € • 4,878 employees 6TH SOUTH EAST EUROPE ENERGY DIALOGUE Company structure

Generation Distribution & Supply

TPP Tuzla ED Bihac

ED Tuzla

TPP Kakanj ED

ED Sarajevo

• 90% state HPP on Neretva ED • 10% private

6TH SOUTH EAST EUROPE ENERGY DIALOGUE S S S S

INVESTMENTSINVESTMENT

EPBiHEPBiHEPBiH DIALOGUEDIALOGUE

IN IN INEPBiHIN 6TH SOUTH EAST EUROPE ENERGY SOUTH 6THEUROPE ENERGY EAST

NEW CAPITAL INVESTMENT CAPITAL NEWCAPITAL NEW from renewable energy sources energy renewable from Replacement of Replacement with old units in TPPs more existing efficient units Fulfillingof of in increasing EU obligations generation Mainobjectives: Mainobjectives: Mainobjectives: Mainobjectives:   : :: ć i ć HPP Ustikolina HPP Kovani HPP onNeretvica SHPP river ž je Podvele WF Vlaši WF HPP

Renewable EnergyPP RenewableEnergyPP Renewable For Financial institutionsFinancialinstitutionsFinancial For For       For Financial institutions:FinancialinstitutionsFinancial For For : :: PPA: PPAPPA 6TH SOUTH EAST EUROPE ENERGY DIALOGUE SOUTH 6THEUROPE ENERGY EAST

List of List the selected projects

Thermal PP ThermalPP Thermal partners/ long longpartners/term partners/ long longpartners/term longPPA partners/term TPP Tuzla, Unit 7 Unit Tuzla, TPP Unit8 Kakanj, TPP For For   For For For longpartners/term For For 450 MW / 2.7562.7562.756GWhGWhGWh

 Replacing cogeneration unit at the existing location  Project Cost: €842 million  IRR: 7,50 %  Financing: project partner/long-term PPA  Start of construction: 2014  In operation: 2018

6TH SOUTH EAST EUROPE ENERGY DIALOGUE 300 MW / 1.7551.7551.755GWhGWhGWh

 Replacing cogeneration unit at the existing location  Project Cost: €626 million  IRR: 6,75 %  Financing: project partner/long-term PPA  Start of construction: 2015  In operation: 2019

6TH SOUTH EAST EUROPE ENERGY DIALOGUE Hydro power plants - planned projects I

HPP Run-of-river, diversion 2012 Project Cost: 64,6 mill. € VRANDUK plant 2015 20 MW /96 GWh

HPP Run-of-river, plant 2013 JANJICI inside dam Project Cost: 33,3 mill. € 2017 13 MW / 60 GWh

Run-of-river, plant HPP 2015 inside dam Project Cost: 123 mill. € USTIKOLNA 2018 60 MW / 247 GWh

Run-of-river, plant HPP 2014 inside dam Project Cost: 33,3 mill. € 2017 CAPLJE 12 MW / 57 GWh

6TH SOUTH EAST EUROPE ENERGY DIALOGUE Hydro power plants - planned projects II

HPP Kruševo: Accumulation, 2016 KRUSEVO/ Zeleni Vir: Run-of-river, Project Cost: 46,6 mill. € 2019 ZELENI VIR plant inside dam 9,7+2,1 MW / 21,7+8,4 GWh

HPP Run-of-river, plant 2017 KOVANICI inside dam Project Cost: 27 mill. € 2020 10,1 MW / 57,4 GWh

Accumulation, HPP 2018 diversion plant Project Cost: 123 mill. € VRHPOLJE 2021 79,4 MW / 157,66 GWh

2012 SHPP’s ON 15 plants to be 2014/ constructed in 3 NERETVICA Project Cost: 49,7 mill. € 2015/ RIVER phases 26,1 MW / 102 GWh 2016

6TH SOUTH EAST EUROPE ENERGY DIALOGUE Wind farm - planned projects

New project on new - Project cost: 64 mill. € WF location 2012 - IRR: 16,5 % Podveležje - 46 MW /93 GWh 2014 - 16 turbiines - loan & own funds

New project on new 2015 WF Vlašić location - Project cost: 64 mill. € - 48 MW / 98 GWh 2017 - loan & own funds

6TH SOUTH EAST EUROPE ENERGY DIALOGUE 6TH SOUTH EAST EUROPE ENERGY DIALOGUE SOUTH 6THEUROPE ENERGY EAST ć [email protected]

Mirsad Šabanovi Mirsad BiH Elektroprivreda JP - d.d. Sarajevo Vilsonovo15 šetalište, 000Sarajevo 71 (B&H) Herzegovina andBosnia e-mail: