Focus on Energy, 2010 - Karanovic & Nikolic

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NEWS ARTICLE15 COMPANIESINTERESTED INCONSTRUCTIONOF WIND POWERPLANTS INMONTENEGRO80Author: : Dragan Obradović, BelgradeSource: Energetika.NET, Regional Energy News, www.energetika.net/seeFOCUS ON ENERGYMinistry of Economy of Montenegrohas recently invited theinterested investors to submittheir bids for construction ofwind power plants and for thelease of the state-owned land inthe area of Mozura and Krnovo.A wind power plant with the potential installed powerof 46 MW is to be built at the location of Mozura (Municipalityof Ulcinj), while the wind power that is to beconstructed at the location of Krnovo (Municipality ofNiksic) will have the installed power of up to 50 MW.The land will be leased for the period of 20 years.Domestic and foreign companies, as well as the consortiawith experience in construction and operationof wind power plants, the average gross annual incomeof which exceeded 100 million euros in the period ofthe last three years, have the right to participate in thispublic tender. Tender documentation for individual locationscan be purchased for 3000 Euros.The invitation indicates that the bidder has to present abank guarantee in the amount of 100,000 euros or a proofof payment in order to prove that this amount has beentransferred to the bank account of the Ministry. The bidderwho will not receive the status of the first-ranked bidderis to be given back the bank guarantee money no laterthan 30 days from the day when the bid was opened.The deadline for submitting the bids is 24 February2010 by noon. Opening of the bids will take place on thesame day, two hours after the deadline for submissionexpires, in the premises of the Ministry of Economy.15 companies have expressed interest in constructionof wind power plants at the locations of Mozuraand Krnovo: Suzlon Wind Energy and Balkan. RenewableEnergy Development from Denmark; ABN WindEnergy, Lugano, Wpd Think Energy Gmbh&Co andAGSM from Italy; Koncar – Obnovljivi izvori from Croatia;NTE Energy Development from Norway; Eduinterfrom Spain; Energopromimport from Russia; OstwindGroup from Germany; Holrom Renewable Energy fromRomania; Terna Energy SA from Greece; Wind PowerCompany from Serbia; and EPS from the USA.The proof of interest has to contain information on financialand operational resources and a list and summary ofthe important projects and experiences in this particularfield. According to the Ministry of Economy, the submissionof the proofs of interest shall not limit the right ofthe other interested parties to participate in the tenderingprocess for construction of the wind power plants.
Karanovic & Nikolic is a leading commercial law firm with a regional focus on business in Serbia,Montenegro, Macedonia and Bosnia. With almost 100 fee earners it represents the first regionallaw firm emerging from the former Yugoslavia which provides a full service to clients investingin multiple markets.Our sector specific teams of lawyers bring together the best legal minds and experience inhandling the often complex legal issues surrounding investment in this exciting region.Our energy team serves leading European energy companies exploring these dynamic newmarkets today. Further details can be obtained from Milos Vuckovic, Partner atmilos.vuckvoic@karanovic-nikolic.com.OUR ENERGY TEAMMilos Vuckovicmilos.vuckovic@karanovic-nikolic.comBelgrade, SerbiaStevan Dimitrijevicstevan.dimitrijevic@karanovic-nikolic.comBanja Luka, BIHTanja Ungurantanja.unguran@karanovic-nikolic.comBelgrade, SerbiaLeonid Ristevleonid.ristev@karanovic-nikolic.comSkopje, MacedoniaKatarina Gudurickatarina.guduric@karanovic-nikolic.comBelgrade, SerbiaIvan Nonkovicivan.nonkovic@karanovic-nikolic.comPodgorica, MontenegroPRINTED ON RECYCLED PAPER
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CONTENTSINTRODUCTION ..............
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INTRODUCTION TO SOUTH EASTEUROPEAN
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the adhering parties, thus allowing
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Slovenia in 2007. In the same year,
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egulations and articles transposing
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energy sector in Macedonia. One is
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distribution system operator perfor
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certain plans and programs relating
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SERBIAN ENERGY POLICYThe foundation
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in the Kolubara and Kostolac basins
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annual figure of 6,100 million m3)
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District Heating SystemThe Serbian
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tion of energy facilities. Through
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Private SectorGiven that the libera
Page 31 and 32: FABRIKA MAZIVA A.D. KRUSEVAC“FAM
Page 33 and 34: of investment in the RES, including
Page 35 and 36: 33FOCUS ON ENERGYconstructed, says
Page 37 and 38: the regulations regarding the energ
Page 39 and 40: 4. Not be insolvent or in a process
Page 41 and 42: tion and supply of electricity. It
Page 43 and 44: MACEDONIAMakedonija/Македон
Page 45 and 46: CURRENT PROJECTSIt has been 22 year
Page 47 and 48: Natural GasDEVELOPMENT PRIORITIESTh
Page 49 and 50: Renewable EnergyIn Macedonia, appro
Page 51 and 52: ENERGY AGENCYThe Energy Agency was
Page 53 and 54: Besides the regulation of the elect
Page 55 and 56: GAS ENERGY ACTIVITIESOIL ENERGY ACT
Page 57 and 58: NEWS ARTICLEMACEDONIANGOVERNMENTDRA
Page 59 and 60: BiH fully satisfies its demands for
Page 61 and 62: domestic source of natural gas, sup
Page 63 and 64: of BIH (“SERC”), the independen
Page 65 and 66: non-eligible customers;In the natur
Page 67 and 68: “Sarajevo gas a.d” is a gas sup
Page 69 and 70: NEWS ARTICLEREPUBLIKASRPSKA ISBUILD
Page 71 and 72: MONTENEGRIN ENERGY SECTOR - OVERVIE
Page 73 and 74: that could be achieved if the total
Page 75 and 76: to open and commence the operation
Page 77 and 78: operation and functioning of grids;
Page 79 and 80: REGULATORY FRAMEWORKIntroduction -
Page 81: 79The status of the Qualified Produ
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