Slovenian consortium "Turbo-institut Fero-invest" - best bidder for construction of mini-hydroelectric power plants in Macedonia

(Ohrid Lake)

Slovenian consortium "Turbo-institut Fero-invest" has been selected for the best bidder on the international tender for construction of mini-hydroelectric power plants, which was announced by Macedonia. The consortium from Ljubljana, with the best bid among ten bidder, will be building four hydroelectric power plants in the Ohrid region and two in the Struga region and it will invest 4m EUR.

Mini-hydroelectric power plants in the Ohrid region, with the production capacity of 1.5 MW, have been awarded to Slovenians through concession on 25 years, while the concession term for those in the Struga region, with the capacity of 0.7 MW, is 30 years.

Public company for water supply in the Ohrid-Struga region "Proakva" will get 20% of the annual profit from produced electric power and, after concession terms expires, it will inherit the 6 mini-hydroelectric power plants.