procurement notice

General Procurement Notice

(Amended version)

“EFT-Thermal Power Plant Stanari” Ltd., member of Energy Financing Team Group, is considering applying in its own name or through a joint-venture to be established with a strategic partner, to the European Bank for Reconstruction and Development (EBRD) for a loan towards the co-financing of the construction of 420 MW lignite fired Power Thermal Plant Stanari and associated coal mine expansion.

The power plant will be located near the town of Stanari, 70 km east of the city of Banja Luka. The new plant will be fuelled by lignite from the nearby Stanari lignite mine.

The proposed power plant will require engineering, procurement and construction of a supercritical, single unit lignite fired power plant of 420 MW nominal capacity, pursuant to a “turnkey” engineering, procurement and construction (“EPC”) contract. 

The plant shall be equipped with all necessary facilities including a complete flue gas treatment system, indirect dry cooling system, process water and water management system,ash disposal system and ancillaries.

The power plant shall be designed to fulfill the following objectives:

• Gross efficiency of at least 43%
• High level of availability
• Automated to a high degree, including flexible operating characteristics
• Compliance with National and European Union environmental requirements.

Tendering for the EPC contract is expected to begin in September 2007 with pre-qualification of applicants. Procurement of services, supply, installation and works will be carried out following the results of a tender process.

Balance of plant (including coal storage and handling system) for the power plant along with equipment for the Stanari lignite mine expansion will also be procured through additional tender processes.

Contracts to be financed with loans from the EBRD will be subject to its Procurement Policies and Rules. The proceeds of the EBRD’s loan will not be used for the purpose of any payment to persons or entities, or for any import of goods, if such payment or import is prohibited by a decision of the United Nations Security Council taken under Chapter VII of the Charter of the United Nations or under a law or official regulation of the purchaser’s country.

For any additional information interested companies may contact:

Danilo Milosevic
Chief Mechanical Engineer
Energy Financing Team Ltd.
Bulevar Mihaila Pupina 10b/II
Belgrade, Serbia

Tel: +381 11 3011 061
Fax: +381 11 3011 053
email: danilo.milosevic@eft-group.net