Bids invited to build North Macedonia’s electricity interconnection with Albania
North Macedonia’s state-owned electricity transmission system operator (TSO) MEPSO has invited bids to build a 400 kV transmission line and a new 400/110 kV substation in the vicinity of Ohrid to provide North Macedonia with an electricity interconnection with Albania. North Macedonia’s electricity interconnection project entails (i) the construction of electricity transmission infrastructure from Bitola […]
USD 350 million secured for 3 new units at EFELER, Turkey’s largest geothermal power plant
Turkey’s Gurmat Elektrik, a renewable energy subsidiary of Güriş Holding, has secured a USD 350 million financing package for three new units at EFELER, the country’s largest geothermal power plant, according to a joint press release from three major development banks. EFELER is located in western Turkey, in the region of the Buyuk Menderes Graben […]
Šabac district heating operator to upgrade residential buildings under ESCO model
The Šabac district heating operator, Toplana-Šabac, will act as an energy service company (ESCO) that will take out a loan for its residential users in order to upgrade buildings, with repayment over 12 years to be financed through energy savings, the City of Šabac in western Serbia said. The contract on the loan for thermo-insulation […]
EBRD announces public consultations on Draft Transport Sector Strategy 2019-2024
The European Bank for Reconstruction and Development (EBRD) is reviewing its strategic approach to the Transport Sector and invites interested stakeholders in sharing comments and suggestions on the Draft Transport Sector Strategy 2019-2024. The Draft Transport Sector Strategy 2019-2024 aims at promoting sustainable transport systems, which embody market principles, balance economic, environmental and social needs […]
Turkish circular economy-based solid waste PPP secures EUR 9 million loan
A joint venture between France’s Suez Groupe and Turkish waste management firm Altas has secured a EUR 9 million loan for a EUR 15 million circular economy-based project to develop an integrated solid waste management system in Turkey’s province of Canakkale under a public-private partnership (PPP). According to the lender, the European Bank for Reconstruction […]
KOSTT completes works on 110/10(20) kV Ilirida substation
Kosovo’s* transmission system operator (TSO) KOSTT has completed works on the 110/10(20) kV Ilirida substation with 110 kV underground transmission lines, according to a press release from KOSTT. The Ilirida substation has been built as part of a EUR 5.4 million project implemented in three lots, KOSTT said. The ceremony was attended by representatives of […]
TENDERING: Supply and installation of smart metering for Elektro-Bijeljina in Bosnia and Herzegovina
Power distribution company Elektro-Bijeljina, a subsidiary of state-owned power utility Elektroprivreda Republike Srpske (ERS), has launched tendering for the supply and installation of smart metering, according to an announcement on the EBRD Client e-Procurement Portal. The contract will be funded by a EUR 7.5 million loan from the European Bank for Reconstruction and Development (EBRD). […]
EBRD tightens environmental, disclosure standards for all hydropower projects
The European Bank for Reconstruction and Development (EBRD) has unveiled its new good governance policies after conducting public consultations across 8 cities, including Belgrade, Serbia. According to its new Environmental and Social Policy, the EBRD will require its financial intermediaries to refer all high-risk sub projects, including all hydropower projects, back to the EBRD’s in-house […]