New EBRD support for renewable energy investments in Turkey
The European Bank for Reconstruction and Development (EBRD) is providing USD 55 million to Turkish lender Isbank to finance private investments in renewable energy and resource efficiency projects. The new agreement comes as a “part of the EBRD’s strategy to help Turkey meet a growing demand for electricity and diversify away from expensive imported fuel, […]
EBRD opened Construction Supervision procurement for Visoko water supply project
European Bank for Reconstruction and Development (EBRD) opened the Construction Supervision procurement process for the water supply project in Visoko, Bosnia and Herzegovina. Cost Estimate for the assignment of supervision is EUR 0,25 million (exclusive of VAT),
Works on Montenegro-Italy power cable starts in Montenegro
Building of 400 kV underwater power cable between Montenegro and Italy has just started from Montenegrin side with an official ceremony held in Jaz Cape, located between towns of Budva and Kotor. The cable will be built by Italian electricity transmission company Terna and Montenegrin Electric Power Transmission (CGES). Once the underwater power cable is […]
Tendering for Rijeka district heating project expected in 2016
Energo d.o.o., utility operating in Rijeka, will use proceeds of a loan from the European Bank for Reconstruction and Development for a EUR 6.15 million project to improve district heating in Croatia’s third-biggest city. The project includes the rehabilitation of the network, the construction of a new power plant, installation of gas-fired boilers, and supply […]
New regulations luring investors in renewables
The legislation that Serbia adopted in June will attract capital and help launch green energy projects, said participants at a conference in Belgrade titled “New PPA Package in Serbia – Main Challenges”. The event was organized by Petrikić & Partneri AOD in cooperation with CMS Reich-Rohrwig Hainz with the support of ADVANTAGE AUSTRIA Belgrade. For […]
Energy efficiency to become a matter of public interest in Serbia
The draft law on housing and maintenance of buildings defines improvement of energy efficiency as a matter of public interest, Jovanka Atanacković, assistant minister of construction, transport and infrastructure, said on Thursday. This is the first time in Serbia that the sector is given such significance, she told participants at the national conference “Capacity Building […]
Visoko seeks contractor for water subsystem Gračanica
An invitation for tenders was published yesterday by public utility JKP Visoko d.o.o. for the construction of water supply subsystem Gračanica. The endeavour is financed from a part of a loan from the European Bank for Reconstruction and Development within the Visoko Water Supply System project. The closing date is November 4. The contract for […]
EBRD unveils enhanced home refurbishment funds
The European Bank for Reconstruction and Development set EUR 20 million in loans for energy efficiency measures for households, enhanced by a grant of EUR 4.4 million from the Kozloduy International Decommissioning Support Fund (KIDSF). Larisa Manastirli, the international financing institution’s manager for Bulgaria, said on September 1 its investments this year climbed to EUR […]