Greece’s SENCAP Appeals Against FYROM For TEC Negotino (09/08/2007)

Πεμ, 9 Αυγούστου 2007 - 11:12
Greece’s SENCAP appealed against FYROM’s government decision to announce winner of the tender for the 210-MW heavy oil-fired thermal plant, TEC Negotino, a Turkish-Bulgarian consortium, despite the fact that SENCAP’s offer was higher and more adequate, according to the company. SENCAP is an affiliated company of Public Power Corp and ContourGlobal, a U.S-based energy fund. The winning consortium led by Turkey’s Unit and Finance Engineering of Bulgaria in partnership with Canada’s Hatch Acres and the UK’s Mott McDonald offered 61.8 million euros, less than SENCAP’s bid of 68 million euros. SENCAP has committed to build 600-MW of new capacity at the site of the existing plant as against 500-MW of capacity proposed by the winning consortium, according to SENCAP. FYROM realunched a tender for the sale of TEC Negotino last December, requesting bids of at last 38 million euros by this February. It received pre-qualifying bids from 18 companies and consortia, from which 15 including Italy’s Enel, Germany’s RWE Power and Siemens, Austria’s Verbund and EVN and Belgium’s Electrabel were shortlisted in March to submit final bids.