Montenegro ranks concessions for four small hydro projects

Montenegro ranks concessions for four small hydro projects


August 1, 2016






August 1, 2016





The Ministry of Economy of Montenegro said a tender commission has determined the rankings in the procedure of granting concessions for the construction of small hydro stations to produce electricity at locations on four watercourses in the country’s north and central areas, while the offer for Sjevernica was rejected as invalid. First-ranked bidders were selected for Bjelojevićka, Bistrica, Bukovica and Lještanica.

Consortium Hydro Bjelojevićka was ranked first for the eponymous river in Mojkovac municipality in the country’s northeast, as stated on the website of the Ministry of Economy. It was the only bidder. Bistrica Clean Energy Consortium got the concession for the project in Bijelo Polje and the consortium was also the only bidder for the river.

Consortium Hydra MNE was ranked first for watercourse Bukovica, as was Lještanica Hydro Consortium, as the only bidder, for the water stream in the vicinity of Bijelo Polje.

The commission has concluded that the four consortiums met the prescribed conditions for the concession and criteria such as the experience in managing hydro facilities, financial ability, technical solution and multi-purpose solutions.

The bid for watercourse Sjevernica was submitted by a consortium of the same name. The offer, as explained, failed to meet all the criteria.

Related Articles


Waste is a resource: EU to impose stricter rules, ban plastic waste export

24 January 2023 - The EU is looking to ban the export of all waste intended for disposal, as well as plastic waste shipments to non-OECD countries


Iron-air batteries are 10 times as cheap as lithium, and will be produced from 2024

24 January 2023 - To replace lithium, alternatives are being developed around the world, such as iron-air batteries, whose commercial production will begin in the US in 2024


Coal wins battle against climate action in tiny German village

20 January 2023 - The eviction of the village residents and the coal mine expansion are a result of the German government's compromise with RWE


USAID issues call for USD 20 million regional energy investment project

17 January 2023 - USAID's project aims to find investors for commercially and environmentally sustainable energy projects in the region