Montenegro gets four bids so far in tender for new thermal power unit

By bne IntelliNews October 30, 2013

Four international investors have so far submitted offers in Montenegro's tender for building a second unit at its sole thermal power plant TE Pljevlja - and two more bids could be filed before the deadline expires on Oct 31, broadcaster RTCG reported.

According to unofficial information, a Polish consortium led by holding group POL-MOT, a Slovak consortium (Istroenergo Group Slovakia-SES Tlmace) and two Chinese firms CMEC and China Gezhouba Group International Engineering have filed the four bids, while Czech company Skoda Praha and a Chinese consortium are expected to formally confirm their participation this week.

Earlier media reports indicated that Chinese firms CNEEC, TBEA Shenyang Transformer and Powerchina Hubei Electric Power Survey & Design Institute, as well as Russia's Rosatom, Czech firm CKD and a company from Turkey are also interested in the project.

Last month Montenegrin energy producer EPCG, which owns TE Pljevlja and is seeking a partner for the second unit, extended the bidding deadline to October 31 from September 30, saying interested companies requested more time to better prepare and study the extensive project documentation.

Under the project, TE Pljevlja's new unit is envisaged to have a capacity of between 220MW and 300MW. The existing one is of 210 MW. TE Pljevlja generates around a half of the electricity produced in Montenegro and the country now imports around 30% of the power it consumes. Therefore, the construction of the new facility aims to significantly improve its energy balance.

Related Articles

Montenegro to speed up re-nationalisation of power firm EPCG

Montenegro’s government has decided to speed up the acquisition of Italian A2A's stake in the power firm EPCG, paying €68.9mn for a ... more

Croatia reportedly receives just one bid to lease capacity at planned LNG terminal

LNG Hrvatska has reportedly received just one binding offer to lease capacity at the planned planned liquefied natural gas (LNG) terminal on the Croatian island of Krk, unnamed sources ... more

Finland gives final nod to construction of Nord Stream II

Finland has issued a second and final permit for the construction of the controversial Nord Stream II pipeline that is to pump gas from Russia directly to Germany via a Baltic Sea route, the Regional ... more

Dismiss