May 15 (SeeNews) - Kosovo launched an auction for awarding a 30-year concession contract for the construction and operation of a 100 MW solar photovoltaic plant in a publicly-owned area in Rahovec, energy minister Artane Rizvanolli said.
“To attract private investors, we are offering crucial advantages, such as the identification of an appropriate development area, a guaranteed purchase price and effortless administrative procedures,” Rizvanolli said in a social media post on Friday.
The winning bidder will sign a 15-year power purchase agreement and will lease the area in Rahovec, in Kosovo's southwest, for the term of the concession.
The project should be completed within two years from the signing of the contract.
The deadline for submitting bids in the auction is August 18.