News

EBRD moves towards tender for Kostt upgrade

Published

November 3, 2015

Comments

0

Share

Published:

November 3, 2015

Comments:

0

Share

Kostt, the electricity transmission system operator (TSO) in Kosovo*, intends using the proceeds of a loan from the European Bank for Reconstruction and development to enable achieving full compliance with the N-1 electricity transmission grid security criteria, the bank said on its website. This is a key technical requirement for Kostt to join the European Network of Transmission System Operators for Electricity (Entso-E), which seeks to promote market integration and transparency in electricity transmission. Specifically, the loan will improve the stability and reliability of Kosovo’s* power system; reduce technical losses; and improve the TSO’s ability to manage a liberalised market system, according to the report.

The proposed project has a total estimated cost of about EUR 36 million to be financed by EBRD and Kostt, and will require the procurement of goods, works and services. These are supply and installation of GIS substations of power transformers, and transmission lines and cables.

The contracts will be tendered through EBRD’s Client E-Procurement Platform (ECEPP). The bank invited suppliers and contractors wishing to participate in goods, works and services contracts.

 

* This designation is without prejudice to positions on status and is in line with UNSCR 1244/99 and the ICJ Opinion on the Kosovo declaration of independence.

Related Articles

GEK Terna signs solar power PPAs with PPC, RWE in Greece

GEK Terna signs solar power PPAs with PPC, RWE in Greece

08 June 2023 - Electricity supplier HERON and Meton Energy have signed power purchase agreements (PPAs) for three solar power projects in Greece

Rumen Radev Hydrogen investor becomes Bulgaria s new energy minister

Hydrogen investor becomes Bulgaria’s new energy minister

08 June 2023 - Bulgaria's new Minister of Energy Rumen Radev is a director of Holding Zagora, which participates in the Stara Zagora hydrogen valley project

low carbon strategy serbia

Serbia adopts Low Carbon Development Strategy

07 June 2023 - The most expensive scenario for the country is to ignore the costs related to climate change, the document said

Hidroelectrica-IPO-Bucharest-Stock-Exchange-July

Hidroelectrica to conduct IPO on Bucharest Stock Exchange in July

07 June 2023 - Fondul Proprietatea intends to sell most of its 19.94% ownership of state-owned Hidroelectrica or the entire stake