The State Electricity Regulatory Commission – SERC informs all interested parties that on Wednesday, 16 May 2012 upon the application of the Independent System Operator in Bosnia and Herzegovina (hereinafter: ISO BiH), the draft Licensing conditions for performance of activities of an independent system operator will be made available to the public.

ISO BiH was entered in the Register of legal persons in line with a decision of the Ministry of Justice and holds a five-year license expiring on 11 July 2012.

Activities of ISO BiH include the transmission system control in order to ensure reliability, management of the assets and devices in the main control center, managing the balancing market and insurance of the system services, insurance of the ancillary services, development and application of the reliability standards, development and control of rules regulating the transmission system usage, development and implementation of the market rules managing provisions related to the system and ancillary services over the transmission system and any other activity in accordance with the Law Establishing an Independent System Operator for the Transmission System in Bosnia and Herzegovina.

Interested persons may obtain prepared Draft at the SERC seat free of charge, or may take it over in the electronic form from the web site: www.derk.ba.

Verbal and written comments can be presented at the public hearing, which will take place at the SERC seat in Tuzla, Miška Jovanovića 4/II, on Wednesday, 23 May 2012 at 12:00 hrs.

SERC will also consider written comments received no later than 24 may 2012 at the SERC address.