The Assembly of the Municipality of Istocna Ilidza Bosnia Herzegovina unanimously adopted a decision on the signing of an Agreement of Cooperation with the English company ''Hydro Power Energy PLC'', according to which in the period to come it will be done a Study on the construction of mini hydro power plants on the river Kasindolka.
The Agreement was signed by the Mayor of the Municipality Predrag Kovac and CEO of the company from London Charles John Bets.
It is about a project that should result in making the Study that should show capacities for building small hydropower plants in the area of the Municipality, respectively hydropower plants up to 250 kilowatts of installed capacity.
Lajos Balogh, financial director of the company '' Hydro Power Energy PLC '' London said:
"Anyone who wants to invest, expects the return of profit and it is logical that we will not invest more than necessary. We expect that Branislav Santrac does the Feasibility Study and after his expertise we can talk about a specific investment. We will try as quickly as possible to prove with this model that it worth investing, respectively that we can earn in RS. I'm sure we will be followed in the future by others".