Coal news and updates

EP BiH Aims for Stability: Increased Coal Production, Cost Reductions, Tariff Procedure Initiation

Amidst prevailing challenges, Elektroprivreda BiH (EP BiH) is embarking on a strategic overhaul to ensure the sustainability of electricity supply in Bosnia and Herzegovina. In a recent statement, Sanel Buljubašić, Acting Director General of EP BiH, outlined the primary strategies to be adopted for securing the entity's future, including ramping up coal production, minimizing non-essential expenses, and beginning the process for a public supply tariff procedure.

Strategic Enhancements in Coal Production and Delivery

At the heart of EP BiH's strategy lies a significant increase in coal production and delivery. Buljubašić emphasized the critical role that coal plays in maintaining electricity stability and the necessity of enhancing output from EP BiH's associated mines. This move not only aims to strengthen the internal supply chain but also to mitigate any external reliance that could jeopardize the electricity grid's reliability.

Cost-Effective Operations: A Road to Financial Stability

In addition to boosting production, EP BiH is taking decisive steps to trim down costs that do not directly contribute to the production or maintenance systems. This approach is part of a broader effort to realign the company's financial strategy, focusing on efficiency and sustainability. By identifying and eliminating non-essential expenses, EP BiH aims to reallocate resources more effectively, enhancing the overall financial health of the enterprise.

Initiating the Tariff Procedure for Public Supply

The initiation of the tariff procedure for public supply signifies EP BiH's commitment to transparency and regulatory compliance. This process is expected to lay down the groundwork for more stable and predictable electricity pricing, benefiting consumers and stakeholders alike. Buljubašić's announcement of this move reflects the company's proactive stance in addressing the challenges of energy provision and its dedication to upholding the highest standards of service.