The project will be located near Tomislavgrad in the western part of the country and built by Elektroprivreda HZHB, the smallest of Bosnia's three power utilities.
It will feature 22 Siemens Siemens turbines with 108-meter rotor diameters. The project is receiving a €71 million loan from German development bank KfW and a €1 million German government grant.
Installation of turbines for what will be Bosnia's first commercial wind farm is scheduled for spring 2017, with project commissioning due in early 2018.
KfW has also agreed to provide a €65 million loan for the 48MW Podvelezje wind farm project of utility Elektroprivreda BiH, the country's largest utility, for which supply contract tendering is expected to begin shortly.
Once supply contracts are awarded, it is expected to take roughly two years until that wind farm comes online.
The German bank is also in discussions over a €60 million loan for the 48MW Hrgud wind farm being developed by utility Elektroprivreda Republike Srpske (ERS) in the municipality of Berkovici, in the south of the country, although a loan agreement has not yet been signed.
Bosnia and Herzegovina provides incentives for wind, although this not regulated nationally but at the level of the two entities making up the country – the Federation of Bosnia and Herzegovina (Federation BiH) and Republika Srpska.
Technical estimates have placed Bosnia's wind power potential as high as 2GW, although the amount that could be feasibility exploited given grid limitations and other restrictions may be about half that.
A member of the Energy Community, in April the country finally submitted a long-requested national renewable energy plan laying out a target for 330MW of wind capacity by 2020.
Currently about 40% of Bosnia's power generation is from hydro and the rest from coal-fired plants.