Thursday, September 30, 2010

Bosnia's power utility picks three firms for Q4 power surplus

Bosnia's second largest power utility Elektroprivreda RS (EPRS) has picked three firms to buy its power surplus of 409,160 megawatt-hours in the last quarter of 2010, it said on Wednesday.

EPRS will sell 169,470 MWh to the Bosnia-based GEN-Energia and 112,820 MWh to its Slovenian parent company GEN-Energia, while the remaining 66,360 MWh will go to the Swiss branch of trading and investment group Energy Financing Team (EFT), the company said in a statement to Reuters.
These quantities were all unguaranteed power surplus while the company decided not to sell 60,510 MWh in guaranteed power surplus because of unfavourable price, it said. It declined to reveal the price, saying it was confidential information.

news source: Balkans.com link: article

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