Chinese Company Files Lowest Bid for New Unit at Montenegro's Pljevlja TPP

Montenegrin power utility Elektroprivreda Crne Gore (EPCG) said Powerchina Hubei Electric Power Survey has filed the lowest bid for a contract to build a second unit at the Pljevlja thermal power plant (TPP).

The Chinese company has offered to build a unit with a 250 megawatt (MW) capacity at a cost of 277 million euro ($377 million), EPCG, 55%-owned by the Montenegrin government, said in a statement on Thursday.

Bids for the contract were also filed by Czech company Skoda Praha and by the China Machinery Engineering Corporation, offering project costs of, respectively, 356.7 million euro for a 254 MW unit and of 278 million euro for a 250 MW unit.

The working group and steering committee in charge of the implementation of the project for Pljevlja's new unit will, in the coming period, analyze in detail the received financial and technical bids, "after which the selection of the final bid is expected," EPCG said.

Source: SeeNews