Montenegro opens tender for Savnik wind park concession

The lease of land at the Sinjajevina location in Savnik will be offered to interested investors at a public auction on March 4, the ministry said in a tender notice published on Wednesday.

Last week, the Montenegrin government said it approved the documents for the auction, noting it was initiated in February 2023 upon a request of Podgorica-based firm N1 to take under a long-term lease the above land plot in Savnik, with the aim of building the 290 MW Sinjajevina - Part 2 wind park.

The investor will be required to install wind turbines of 6.6 MW each at the location, the ministry said in the notice, without disclosing their planned number.

The minimum annual land lease fee is set at 569,500 euro ($610,100). Tender documents can be purchased by February 29 and should be submitted by March 1.

($ = 0.933 euro)