SARAJEVO (Bosnia and Herzegovina), February 25 (SeeNews) – Bosnian state-controlled brown coal mine Banovici said on Tuesday it is seeking a strategic partner to finance and build a 300 megawatts (MW) Banovici thermal power plant (TPP).
Bids for the pre-qualification tender, which is the first stage of a four-phase process for selection a strategic partner, should be sent by April 10, the Banovici mine said in a notice posted on its website.
During the second and the third phase, tenders for preliminary and final technical and financial bids will be held, respectively while the fourth stage will pertain to obtaining approvals from relevant authorities.
Successful companies and leaders of consortia should prove they had an annual income of 1.0 billion euro ($1.4 billion) and 500 million euro, respectively in the last three years.
Rudnik Mrkog Uglja (RMU) Banovici is one of the biggest coal mines in the Muslim-Croat Federation, which together with the Serb Republic forms war-divided Bosnia. It is located in the central part of the country.
($=0.7278 euro)