Rafinerija Nafte Brod builds 100 MW solar power plant

Bosnian oil refinery Rafinerija Nafte Brod intends to build a 100 MW gas-fired thermal power plant in Bosnia and Herzegovina's Serb Republic, an investment valued at EUR 150 million, according to the entity's government.

The company is currently carrying out a feasibility study for the project and plans to submit a request for a concession after the study is completed. The entity's government has approved an agreement for cooperation with the company on the project.

Rafinerija Nafte, based in Brod in the northwestern part of the Serb Republic, is majority-owned by Russia's NeftegasInCor.