Millions Committed to Non-Existent Hydropower Projects

It has been two decades since the Government of Republika Srpska granted concessions for the construction and operation of hydropower plants on the Bistrica and Janjina rivers. The plants have still not been built, around 125 million BAM of public funds have been spent, and a further 146 million BAM borrowed. Meanwhile, private investors have pocketed substantial profits by selling stakes in the concession company.

Renata Radić Dragić

Renata Radić-Dragić (CIN)

It has been two decades since the Government of Republika Srpska granted concessions for the construction and operation of hydropower plants on the Bistrica and Janjina rivers. The plants have still not been built, around 125 million BAM of public funds have been spent, and a further 146 million BAM borrowed. Meanwhile, private investors have pocketed substantial profits by selling stakes in the concession company.

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