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Sep 23, 2009 18:47 EEST
September 23 (SeeNews) - Serbian power trader Rudnap Grupa said on Wednesday it has signed a 3.4 million euro ($5.02 million) contract to supply tertiary power reserves to Slovenia's state-owned power grid operator Elektro-Slovenija (Eles) in 2010.
Rudnap Grupa was picked as the best bidder in a public tender after offering a price that is 2.5 times lower compared to last year's, the Serbian company said in a statement sent to SeeNews.
No information was immediately available on the other participants in the tender.
The contract with Eles covers the supply of electricity in cases of grid failure or supply outages, the statement said.
Rudnap Grupa will provide tertiary energy to Eles from the system of Elektroprivreda Hrvatske Zajednice Herzeg-Bosne (EPHZHB), one of Bosnia's three state-owned power utilities. EPHZHB's power stations have been used to provide tertiary energy to Eles for years, it added.
Bosnia’s biggest power utility, Elektroprivreda BiH, operates in the Muslim-Croat Federation, one of the country's two post-war autonomous parts. The smallest utility, EPHZHB, also operates in the Federation, while Elektroprivreda RS is the power utility of the Serb Republic, Bosnia's other autonomous part.
The Serbian company also said it has already entered the Slovenian market through deals for the supply of power in 2009 for the industrial facilities of wet-process fiberboard maker Lesonit and of Salonit, a producer of cement, concrete and aggregates.
Rudnap Grupa has operations in 15 countries in western and eastern Europe. The company said its electricity trade turnover in 2008 exceeded 100 million euro.
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