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EPS to tender rehabilitation of Vlasinske hydropower cascade

Elektroprivreda Srbije (EPS), Serbia's state power producer, has issued a general procurement notice for the rehabilitation of the 129 MW Vlasinske hydropower cascade in order to extend its operational lifetime and performance.

EPS expects to invite bids in late January 2024 for the replacement of the electro-mechanical equipment of all four plants that comprise the cascade in the lower stretches of the Vrla River in southeastern Serbia. The modernization of the Vrla 1-4 plants is expected to increase installed capacity by 8 MW and annual production from 300 to 310 GWh.

The rehabilitation works, which will take four years and cost an estimated €82.4 million, will be financed from the proceeds of a €67 million loan from the European Bank for Reconstruction and Development (EBRD) and a grant of €15.4 million from the WBIF. The loan and grant financing will be administered by the EBRD. Two tenders will be launched, and financed from the bank’s funds, according to a procurement notice published on the EBRD’s procurement website. A first contract for the procurement of works will be based on the EBRD’s two stage open tendering procedure. A second contract will be tendered for the supervision of the project based on the bank’s open tendering procedure. Procurement will be conducted using the EBRD Client E-Procurement Portal (ECEPP). Interested parties are invited to register in ECEPP ( Registered entities will be notified directly when any procurement opportunities are published.

Procurement of works in a two stage, open tendering procedure, shall be conducted according to the EBRD Procurement Policies and Rules. EBRD’s Procurement Policies and Rules (PP&R) will be implemented, and contract conditions will be based upon the “Conditions of Contract for Plant and Design – Build” (FIDIC, Yellow Book), Edition 1999, according to the procurement notice.

For further information, contact: Dragan Stankovic, JSC Elektroprivreda Srbije Belgrade, Balkanska 13, Belgrade 11000, Serbia; Tel.: +381 11 3952 441; E-mail: