Kosovo: four consortiums in race for new power plant

The steering committee for the construction of the new power plant has selected four international consortiums, which have met the criteria to race in the tender.

Initially, 6 international consortiums expressed officially interest to construct the power plant. Two of them did not meet the criteria.

Following consortiums qualified as bidders for the construction of “Kosova e Re” power plant:

– Adani Power Consortium – PT Adani Global from India and Indonesia;

– Consortium AES Electric lid – Demir Export AS from USA and Turkey;

– Park Holding from Turkey;

– Consortium PPC-Contour Global LLP from Greece and Britain

The Kosovar Minister of Energy and Mining, Justina Shiroka Pula, which heads the committee, expressed the satisfaction of the Government with the interest of these companies.

She said that draft tender is expected to be announced by the end of April while the selection of the winner will be completed by July. Construction of “Kosova e Re” is expected to begin in 2011.

The power plant is expected to produce 500 megawatts of energy, with the possibility of additional 500 megawatts. Construction costs are estimated up to one billion Euros, and will be co-financed by the Government of Kosovo and the winning company.