Stanari Thermal Power Plant
|This article is part of the CoalSwarm coverage of Bosnia-Herzegovina and coal.|
Stanari Thermal Power Plant is a 300-megawatt (MW) coal-fired power station in Bosnia and Herzegovina.
The photo below shows the location of the Stanari coal mine - the power station is located nearby.
The power station is being promoted by EFT Rudnik i Termoelektrana Stanari d.o.o., a subsidiary of the UK-headquartered EFT Group. The power station would be located near the Stanari coal mine, which is located approximately 70 kilometres east of Banja Luka in Republika Srpska.
EFT reports that the "grid connection for the TPP Stanari to the power transmission network will be at the 400 kV level, with a direct connection to the Banja Luka – Tuzla transmission line."
In May 2010 EFT signed an Engineering, Procurement and Construction (EPC) contract with China’s Dongfang Electric Corporation (DEC) to build the plant, scheduled to come on line in early 2016 at a total value of EUR 550 million.
Dongfang began construction on the plant in May 2013. The plant is expected to be completed by November 2015 and put into commercial operation in 2016. Testing began in January 2016. Commercial operation is scheduled for the second half of 2016.
The plant was inaugurated on September 20, 2016.
In June 2012 EFT announced that the China Development Bank had agreed to provide a "EUR 350 million structured credit facility" to finance the construction of the 300 MW plant. In May 2010 EFT signed an Engineering, Procurement and Construction (EPC) contract with China’s Dongfang Electric Corporation (DEC) to build the plant, scheduled to come on line in early 2016 at a total value of EUR 550 million.
Bosnia and Herzegovina is obliged to adhere to the EU Large Combustion Plants Directive (LCPD), which regulates emissions limit values from new and existing combustion plants. According to BankTrack, the plant's environmental permit for Stanari allows emissions 2-3 times higher than the LCPD, bringing Bosnia and Herzegovina into non-compliance with its Energy Community commitments. In response, an official complaint was submitted to the Energy Community secretariat by the Center for Environment from Banja Luka. The LCPD Directive is being replaced by the EU Industrial Emissions Directive (IED), which has stricter emissions limits, and in a few years the Stanari plant would have to be brought into line with this Directive. According to BankTrack, this most likely means additional costs a few years down the line as the planned project is not currently compliant.
The project would source lignite coal from the existing Stanari coal mine, which is operated under a concession by an EFT subsidiary. The company states that the new power station could consume 2.3 million tonnes a year of the mine's 2.5 million tonnes production.
- Sponsor: EFT Rudnik i Termoelektrana Stanari d.o.o.
- Parent company: EFT Group
- Developer: Dongfang Electric Corporation
- Location: Stanari, Republika Srpska, Bosnia and Herzegovina
- Coordinates: 44.759289, 17.823207 (approximate)
- Status: Operating
- Capacity: 300 MW
- Start date: 2016
- Coal Type: Lignite
- Coal Source: Stanari coal mine
- Source of financing: US$445 million in loans from the China Development Bank
Resources and articles
- Foreign Investment Promotion Agency, Bosnia and Herzegovina Investment Opportunities: Bosnia and Herzegovina Energy Sector", September 2011, page 10.
- "About", EFT Group website, accessed October 2012.
- Analysis on the compliance of the environmental permit for Stanari thermal power plant with EU Directives, Center for Environment, 12 November 2013
- Bosnia and Herzegovina lignite project triggers official complaint to the Energy Community, CEE Bankwatch, 20 March 2014.
- "TPP Stanari" EFT Group, accessed November 16, 2012.
- EFT Group, "EFT and China Development Bank in EUR 350 million financing deal for Stanari TPP", Media Release, June 19, 2012.
- "EFT starts construction of thermal power plant Stanari - Project totalling EUR 400 mil," Blic, 05/19/2013
- "Chinese partner may secure 85% of credit funding for Gacko TPP project in Bosnia," Power Market, June 4, 2015
- "EFT starts testing first 300 MW power plant in Bosnia," Reuters, Jan 5, 2016
- Loan Agreement for the Stanari Mine Signed Today. EFT Group, 16 April 2014. Retrieved on 2014-29-08.
- "Loan Agreement for the Stanari Mine Signed Today," EFT News, April 16, 2014
- Igor Kalaba, "The Last Coal Plant in the Western Balkans?" Balkan Insights, Sep 20, 2016
- "Stanari lignite power plant, Bosnia and Herzegovina," Oct. 7, 2014
- EFT Group, "EFT Annual Review 2011-2012", EFT Group, May 2012, page 48.
- "Preview of Stanari Thermal Power Plant Financing (300MW) | Transaction | IJGlobal". ijglobal.com. Retrieved 2020-10-01.