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

Vucic Serbia reapprove Rio Tinto stalled lithium project EU guarantees

Vučić: Serbia to reapprove Rio Tinto’s stalled lithium project with EU guarantees

17 June 2024 - Serbia is ready to again endorse Rio Tinto's lithium mining and processing project, according to President Aleksandar Vučić


Rio Tinto releases draft environmental impact assessments for Jadar Project

13 June 2024 - Rio Tinto has said it has voluntarily released preliminary drafts of environmental impact assessment studies for its lithium mining project Jadar

prime minister serbia vucevic lithium rio tinto serbia

Prime Minister Vučević: Serbia should discuss all development projects, including lithium

12 June 2024 - Serbia's new government supports all development projects, including mining, which includes lithium, says Prime Minister Miloš Vučević

electric buses europe transport environment

Electric buses are taking over Europe – they outran diesel bus sales in 2023

07 June 2024 - Electric buses have reached 36% of new city bus sales in 2023 in the EU, overtaking diesel as the main type for the first time