A unit of the World Bank invites expressions of interest from consultants to prepare a strategic environmental assessment of four proposed hydroelectric projects on the Moraca River totaling 238 MW. Responses are due November 28.
Montenegro’s Ministry of Economic Development previously called for expressions of interest by December 1 from potential developers of the four projects, 127-MW Andrijevo, 37-MW Raslovici, 37-MW Milunovici, and 37-MW Zlatica. (HNN 10/28/08)
Construction of the four plants, estimated to cost 500 million euros (US$622 million), would be the first major investment in 25 years in Montenegro’s energy sector. They are to feature one 150-meter-tall dam and three 60-meter-tall dams, expected to generate 693 gigawatt-hours annually.
The World Bank’s International Finance Corp. (IFC) is to advise the government on the feasibility and structuring of the project and on implementation of a tender process to mobilize investors.
IFC seeks a consultant to prepare a strategic environmental assessment that is to facilitate the final environmental impact assessment to be prepared by the eventual developer. It is to provide input for mitigation, planning, permitting, and required approval for financing of the project. The work is to require six months.
Expressions of interest and qualifications are due by November 28 to the address below. For information, contact Nico Saporiti, Investment Officer, IFC Infrastructure Advisory, 2121 Pennsylvania Ave., N.W., Washington, DC 20433 USA; (1) 202-473-2181; Cell: (1) 202-250-4079; E-mail: email@example.com.