EPBiH launches consultancy tender for 50 MW solar build in Gračanica, supported by EBRD financing

Bosnia and Herzegovina’s state-owned power utility EPBiH has taken a concrete step toward developing a utility-scale solar project in Gračanica by launching a tender for consultancy services linked to the investment. The move matters for investors because it signals that the company is moving from planning into execution at a time when renewable capacity is becoming central to its capital allocation.

Consultancy scope tied to a €39 million solar investment

The procurement covers supervision and owner’s engineering support for a solar project valued at approximately 39 million euros, according to tender details published with support from the European Bank for Reconstruction and Development (EBRD). Companies interested in the work have until 18 May to submit their bids.

Two adjacent plants totaling 50 MW in rehabilitated coal land

EPBiH’s planned development comprises two adjacent solar power plants with a combined capacity of 50 MW. The installations are set to be built in the village of Gracanica within the municipality of Bugojno.

The site previously served as coal mining ground but has since been rehabilitated, giving the project an added dimension beyond new generation: it represents land repurposing from legacy fossil activity toward clean energy.

Financing already secured through EBRD and UniCredit Bank

EPBiH said financing for the project has already been secured. In August 2024, the EBRD approved a 25 million euros loan, while UniCredit Bank provided an additional 15 million euros through a parallel financing arrangement.

First utility-scale solar push as EPBiH shifts toward renewables

The Gracanica project is expected to be among the first utility-scale solar developments undertaken by EPBiH. The company is gradually shifting its investment focus toward renewable energy as part of its broader decarbonization strategy, positioning this tender as an early test case for how quickly that transition can translate into built assets.