Bosnia’s Muslim-Croat federation picked an Austrian-led consortium as strategic partner to build four hydropower plants worth about 800 million euros (US$1.01 billion), the Austrian embassy announced.
Embassy trade adviser Robert Luck said September 29 that Austrian Power and Environment Technology GmbH (APET) was selected from among 11 short-listed firms to build four plants with a total capacity of 200 MW. (HNN 8/29/06)
APET is made up of Austria’s Alpine Mayreder Bau, Porr, and VA Tech, Germany’s Voith Siemens, France’s Alstom, and Finland’s Poyry, Luck told a news conference.
“The APET group has offered its expertise in the feasibility study, model of financing, equipment, and construction services in exchange for a long-term power supply deal,” Luck said.
Sarajevo-based company Intrade Energy was selected to build the remaining two hydropower plants. The government said it would select partners for the rest of the project in the next 90 days.
The hydropower plants are part of a larger 2 billion euro (US$2.5 billion) project for the construction of six hydropower plants and four coal-fired plants, with some 2,000 MW of capacity, as well as the expansion and rehabilitation of two coal mines.
The plants will remain in the ownership of the federation-owned power utilities Elektroprivreda BiH and Elektroprivreda HZHB, Luck said.
“The federation government has given the highest priority to the further growth of its energy sector aimed at faster development of its economy and the Austrian consortium thus expect fast implementation of this important investment project,” Luck said.
The government earlier said that 37 companies, such as Austria’s Verbund, EVN, Italian utility Enel, Czech power group CEZ, and Germany’s EnBW had placed bids for the project.