IGH announced it has signed a €7.15 million ($7.9 million) contract for supervisory works at the pending construction of Banovici thermal power plant in Bosnia. IGH Institute will partner with Germany's Steag Energy Services and Serbia's SGS Beograd in the contract signed with Bosnia's state-controlled coal mining company Banovici (RMU Banovici), which runs the €412.4 million project for construction of the 350 MW power plant.