Macedonian government signs water concession agreement with Austrian Company

The Macedonian Economy Minister Fatmir Besimi signed an agreement for water concession with Robert Zotter and Samoli Celeski, both representatives of the Austrian Company “Energie Zotter Bau”.

The company has acquired 16 sites for the construction of small hydro-power plants. The plants are due to be completed by June 2012 and will produce 26,48 GWh annually. This is the beginning of an agreement signing with nine companies, which were the best bidders at the two calls for construction of 88 small hydro-power plants in Macedonia.

"This agreement launches the project for construction of 400 small hydro-power plants worth €300 million. The Ministry has thus far announced three calls, two of which have been completed, the third is in an evaluation stage, whereas the fourth one, offering 30-40 sites, will be announced soon", said Minister Besimi.

Source: http://advantageaustria.org/mk/

Further Information:  http://macedoniaonline.eu/content/view/7541/2/