Elektroprivreda Rep Srpske ad Trebinje (Bosnia and Herzegovina)

Elektroprivreda Republike Srpske (EPRS), founded as a separate entity in June 1992, is located in Bosnia's Serb Republic, and sells electricity mainly in the Serb republic and also exports to neighbouring Croatia and Montenegro. EPRS has a customer base of 436,000, out of which over 400,000 are household customers.It operates two lignite-fired thermal power plants (Gacko and Ugljevik, 300 megawatt MW each) and 5 hydro plants (Bocac, Trebinje and Visegrad) with a total installed capacity of 1,424 MW. EPRS posted a profit of KM 3.3 million in 2004, up by 22.2% year-on-year. Its 2004 revenues totalled KM 456.9 million, slightly less than the KM 460.8 million in revenue for 2003. Elektroprivreda RS generated 4,960.18 gigawatt hours (GWh) of electricity in 2004, exceeding its annual forecast by 0.11%. The company generated 4,657 GWh of electricity in 2003.The Serb Republic plans to generate 5,179 GWh of electricity in 2005, spurred by better operational efficiency. Total electricity demand in the EPRS area is around 2,000 GWh per year. EPRS operates as a holding company for 11 legally independent operating companies.Each of the two thermal and three hydro power stations is a separate company as well as the five distribution districts and the transmission business. There are two other big power utilities in Bosnia except EPRS. The other two are Sarajevo-based Elektroprivreda BiH and the Elektroprivreda Herceg Bosna, located in the southern town of Mostar.Both companies belong to the Muslim-Croat federation, which together with the Serb Republic forms post-war Bosnia.