EPS asks for loan from EBRD towards the cost of modernising Serbia's electricity distribution infrastructure

7. July 2011. / Uncategorized

 

EPS has applied for a loan from the European Bank for Reconstruction and Development towards the cost of modernising the electricity distribution infrastructure in Serbia to enable Elektroprivreda Srbije to reduce losses, improve the quality and reliability of supply, and improve energy efficiency.

The proposed project has a total estimated cost of Euro 80 million, of which 40 million EUR is proposed to be financed by the EBRD, and 40 million EUR by the European Investment Bank (EIB). The project will require the procurement of the following consultancy services, goods, works and services to be funded by the EBRD for:Goods and related services for purchasing of metering equipment for medium voltage, and the installation of the aforementioned items;Goods and related services for purchasing of metering equipment for low voltage with remote reading and remote disconnection capabilities, and for cables, poles, metering boxes, and auxiliary equipment for the installation of the aforementioned items;Supplies and services for supply, implementation and training of hardware and software with the capabilities of remote management, remote reading, and a measurement databaseConsulting services to support the Project Implementation Unit established by EPS.

Tendering for contracts under (d) above is expected to begin in the third quarter of 2010, and for the rest of the Project in the second quarter of 2010.

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