North Macedonia’s state-owned power utility ESM and the World Bank have signed a $2.4 million grant agreement to support preparatory activities for the planned TPP Bitola cogeneration plant.
The funding will be used for early-stage project development, including the selection of consultants and the preparation of detailed technical documentation required for implementation.
A comprehensive feasibility study is also planned, which will serve as the basis for a future international tender covering the design and construction of the facility.
The proposed cogeneration plant is expected to be built near the existing TPP Bitola complex, one of the country’s key thermal power generation sites.
The overall project is valued at more than €200 million, making it one of the larger planned energy infrastructure investments in North Macedonia.
According to ESM, the facility will operate as a combined heat and power (cogeneration) plant, producing both electricity and useful thermal energy.
In addition to power generation, the plant is expected to supply district heating to Bitola and surrounding communities, improving local energy efficiency and security of supply.
The project is part of ESM’s broader energy sector modernization program, aimed at upgrading infrastructure and improving the flexibility and efficiency of North Macedonia’s power system.
