BiH: TPP Tuzla project attracts biggest power gen companies as bidders, 750MEUR project value

6. June 2013. / SEE Energy News

Management of Bosnian energy company “Elektroprivreda BiH” will officially open bids from the most convincing candidates that will enter the list for the project partner for common investment in Block 7 election.

This information was confirmed by Elvedin Grabovica, Managing Director of “Elektroprivreda BiH. He said that these are world consortiums and that we cannot talk about names of the companies at the moment.

-I cannot say anything before opening because I don’t know who has satisfied the conditions and which firms will participate in final competition. I know that these consortiums are serious. We’ll know everything at the end of June. These consortiums are famous worldwide- Grabovica says.

Construction of Block 7 is the biggest postwar investment project which is 750MEUR worth and where EPBiH will participate in the basic capital with 25%.

-I think that three companies will go through final phase, and companies afterwards- consortiums are obligated to send final bid i.e. the price of Block 7. Models and technologies of construction will be valued here, and financing models also. They need to deliver proofs that they will follow this project financially – Grabovica said and added that EPBiH has set condition that companies that are willing to build Block 7 and they can’t be mayor owners.

According to Grabovica’s words, these firms that want mayor part, cannot be part of the short list or participate in the construction. We remind that giants like “Siemens”, “Hitachi” and “Hrvatska elektroprivreda” in consortium with Japanese “Toshiba Corporation”, the most serious Polish Company “Rafako”, and ”Cengiz Enerji Sanayii ve Ticaretcriterions” from Turkey have satisfied criterions for the first phase prequalification.

Grabovica explained that EPBiH has not announced a tender for sale of electricity surpluses yet.

-We are waiting to see how prices will act. I think that we will announce a tender in August. It won’t be profitable to sell electricity now, because it is cheap. We’ll wait for prices to increase- he said.

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