“Bosnia secured a 613 million euro ($732 million) loan from China’s Exim bank on Monday to help Bosnian utility EPBiH build a new generating plant at its Tuzla coal-fired power station, EPBiH said in a statement. The deal was signed during a two-day summit of China and Central European countries in Hungary, attended by Chinese Premier Li Keqiang.

In 2014 EPBiH picked a consortium which included China Gezhouba Group and Guandong Electric Power Design, to add the 450 megawatt (MW) generating unit, one of the largest investments in the Balkan country’s energy infrastructure, but the project has been delayed by red tape and negotiations over financing it.” (Reuters)