EBRD, See News
Summary
SARAJEVO (Bosnia and Herzegovina), October 2 (SeeNews) - The European Bank for Reconstruction and Development is considering the provision of a 41 million euro ($47.2 million) senior loan to Bosnia's Toplana Zenica for the construction of a combined heat and power plant (CHP), the bank said.
The project will transfer the production of steam and blast air for ArcelorMittal Zenica's steelworks and the production of district heating water for the town of Zenica, from ArcelorMittal Zenica to a modern CHP, the EBRD said in a statement on Monday.
The project will entail the replacement of all outdated, coal-based steam generators with modern units fully using recovery gases from the steelworks and natural gas as back up.
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