The Government of Federation Bosnia and Herzegovina made announced plans to build 11 power plants in FB&H including seven hydro-power plants (Ustikolina with capacity of 3x22 MW, Vranduk 21 MW, Rmanj Monastir 2x35 MW, Vrilo 42 MW, Glavatičevo 3x9,5 MW, Bjelimići 2x50 MW, and Bjelimići 2x300 MW), two thermal power plants (Tuzla - blok 7,370 MW and Kakanj 230 MW), and two coal mines and thermal power plants (Bugojno 2x300 MW i Kongoro 2x275 MW).

The government also decided to award a contract to Elektroprivreda BiH for the construction of power plants in Ustikolina, Vranduk, Rmanj Monastir, Tuzla, Kakanj, and Bugojno, and to Elektroprivreda HZ H-B for the construction of power plants in Vrilo and Kongor. 

These two companies picked consortium APET Group of Austria as strategic partner in the construction of power plants in Ustikolina, Vranduk, Rmanj Monastir, and Vrilo. This consortium consists of well-known companies in industry and energy sectors, as well as banks specialised in financing exports. Companies such as Siemens and Alpine form part of APET Group.

FB&H Government set two conditions for this partnership: first that FB&H remains owner of the facilities and second that all activities are in accordance with FB&H and B&H regulations.

The concession will be given for the construction of power plants in Glavatičevo and Bjelimići. The Ministry of Energy, Mining, and Industry of FB&H will shortlist candidates for strategic partners and propose them to FB&H Government in next 90 days.

The total value of the investment in the construction of 11 power plants is estimated at EUR 2,500 million and 50,000 workers will be involved in construction works, while 4,000 to 5,000 jobs will be created after the construction.