Final bids for project of constructing Second block of TPP “Pljevlja” have been opened

Commission for opening bids for the project of constructing Second block of TPP “Pljevlja”, according to the plan, have today opened final bids from companies Skoda Praha and China Machinery Engineering Corporation (CMEC).

Based on submitted introductory economy and technical data, offers for construction and financing of the second block of TPP have the following characteristics:

- Company Skoda Praha offered the construction of Block II with power of 254 MW and electric efficiency of 39.5% at price amounting to 338.5 million euros.

- China Machinery Engineering Corporation (CMEC) in introductory documents states that they are ready to construct Block II with power of 250 MW and with efficiency of 39% at price amounting to 326 million euros.

Both companies which submitted the proposal of draft contract and final offers state that the performances of project are in line with defined Preliminary project and that they are ready to provide favorable credit funds amounting to 85% of total necessary funds, with technical-ecological recovery of the existing block worth around 20 million euros.  Potential partners state that the new block will suit all the most demanding conditions of modern technology (BAT), good practice of European countries and environmental protection according to all EU directives.

Committee for evaluation of bids for construction of the second block will in detail, in period to come, analyze financial-technical offers and by the end of April 2015 submit the final proposal about the choice of the best bidder to the Board of Directors of EPCG.

We remind that the development plan predicts that the second block of TPP Pljevlja would be of power in range between 220-300MW, on location of existing unit of TPP Pljevlja I, with electrical efficiency not lower than 38%  and obligatory heat station for remote heating of Pljevlja municipality.  With construction of the second block of TPP Pljevlja, Montenegro would reach its strategic goal in energy sector – electro energetic independence of the country, improvement of secure supply for consumers as well as better stability and sustainability of electro energy sector of Montenegro. In this way Montenegro would position itself as an electricity export country.