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Oct 31, 2007 18:52 EEST
NIKSIC (Montenegro), October 31 (SeeNews) – Montenegro's state-run power utility company Elektroprivreda Crne Gore (EPCG) said on Wednesday eight companies have shown interest in exporting 869,195 megawatthours of electricity to the country next year.
The company called at the start of October an open international tender to buy the megawatthours of electricity at a cost of up to 65.2 million euro ($94.2 million) to cover domestic demand through 2008.
Swiss-based Energy Financing Team (EFT), Swiss power group EGL, Swiss Atel, Czech power utility CEZ, Serbian Rudnap, Czech Ezpada, Slovenian GEN-I and RE Trading were the companies who bid in the tender, EPCG, based in the western Montenegrin town of Niksic, told SeeNews in a written statement.
EPCG plans to buy the electricity in twelve monthly lots between January 1 and December 31 next year.
The deadline for the selection of the best bidder is eight day after the offers are opened on October 30.
“However, experience shows that a single bidder doesn’t offer the complete amount [of electricity],” the statement said and added that offers for all the wanted quantities were filed.
Montenegro now imports 1,500 gigawatthours of electricity a year, or one third of its annual consumption. The country has projected that its consumption would grow at an annual rate of 1.9% to 3.0% in the coming years.
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