Coal, New Projects

Four consortia in race to build 1000 MW coal plant in Kosovo

9 March 2010 – Kosovo’s energy ministry has selected four international consortia to build a 1000 MW coal fired power plant to begin construction in early 2011.
Initially, six international consortiums expressed officially interest to construct the power plant. Two of them did not meet the criteria.
The following consortia qualified as bidders for the construction of “Kosova e Re” power plant:
– Adani Power Consortium/PT Adani Global from India and Indonesia;
– Consortium AES Electric/Demir Export  from USA and Turkey;
– Park Holding from Turkey;
– Consortium PPC/Contour Global LLP from Greece and the UK.
The Kosovar Minister of Energy and Mining, Justina Shiroka Pula, said that draft tender is expected to be announced by the end of April while the selection of the winner will be completed by July. Construction of “Kosova e Re” is expected to begin in 2011.
The power plant is expected to produce 500 MW of energy, with the possibility of additional 500 MW. Construction costs are estimated up to EUR1bn ($1.35bn), and will be co-financed by the Government of Kosovo and the winning company. The developer is likely to get access to the local lignite mine for fuel linkage.