Bosnian state-controlled brown coal mine operator RMU Banovici said
on Tuesday it expects to complete by the end of September the final ranking of
the qualified bidders in a tender to finance and build a 350 MW thermal power
plant (TPP).
Preliminary bids in the second stage of the tender were
filed by Shanghai Electric Group Company, China Gezhouba Group Company and
Dongfang Electric Corporation from China as well as by Spain’s Abengoa
SA&Electric International.
The talks with most of the potential
investors were completed during March and once the tender documents are
completed, which should happen by the end of April, all qualified bidders will
be invited to file their final technical and financial offers, RMU Banovici said
in a statement.
The bidders will have three months to prepare their
offers, the company said.
The signing of the agreement with the general
contractor is expected after the final ranking is completed.
The
estimated cost of the Banovici 1 TPP project is 584 million euro ($627 million),
the government of the Muslim-Croat Federation said earlier.
RMU Banovici
is one of the biggest coal mines in the Federation, one of the two autonomous
entities that form Bosnia and Herzegovina. The other one is the Serb
Republic.