September 13 (SeeNews) - North Macedonia's state-owned electricity company ESM has signed a contract worth 27.8 million euro ($32.8 million) with a consortium of local and Bulgarian companies for the procurement of pipelines, North Macedonian construction company Granit [MSE:GRNT], a consortium member, said.
The other consortium members are local construction company Rapid Bild and Bulgarian power plant equipment maintenance company Atomenergoremont, Granit said in a bourse notice on Friday.
The total duration of the contract is two years.
The contract encompasses the procurement of a transmission pipeline and a pipeline distribution network, including the connecting pipes, Granit said, without adding further details.
($ = 0.8487 euro)