Natsionalna elektricheska kompania EAD (NEK EAD) intends to use the proceeds of the grant funds provided by the Kozloduy International Decommissioning Support Fund (KIDSF), administered by the European Bank for Reconstruction and Development under a grant agreement, and its own financial sources towards the cost of the project for the rehabilitation of hydropower system capacities, consisting of two sub-projects – rehabilitation of Belmeken – Sestrimo – Chaira hydro complex and of the Vacha-1 hydropower plant 110 kV switchyard and other systems of integrated control.
The overall budget is EUR 37 million, of which 70% will be financed by KIDSF and 30% by NEK EAD, the procurement notice on EBRD’s website said. The project includes training and the notice lists design, supply, installation and commissioning of new control systems, excitation systems, turbine governors, relay protections, turbine equipment, vibration measuring systems, 19 kV switchgears, oil systems and spherical valves, work stations, upgrade of control systems, 110 kV high voltage equipment, telecommunication and electric metering equipment, civil works, transportation and waste disposal.
The procurement is expected to begin in the third quarter of this year. The closing date is May 29, 2016. The contract implementation period is expected to be approximately 50 calendar months, followed by a defects notification period.