Monday, September 19, 2005

Six Foreign Firms Interested in Upgrading Kosovo Power Plant

PRISTINA (Serbia and Montenegro), September 19 (SeeNews) - Six foreign companies have shown interest so far in investing in the planned upgrade of a 800-MW coal-fired power plant in the U.N.-run southern Serbian province of Kosovo, a government official said on Monday.

"A U.S.-based company, a Bulgarian one, one from Russia, an American-Italian consortium, the Czech electricity producer CEZ and [UK-based] Alferon have shown interest in Kosovo A," the Kosovo Deputy Minister of Energy and Mining, Agron Dida, told SeeNews.

He added the ministry planned to open negotiations with potential investors by the end of the month.

Kosovo has yet to decide whether it will offer a concession on the power plant or sell it, the spokesman of the Kosovo's power utility KEK, Paloke Berisha, said.

Earlier this year, Alferon was selected a provisional winner in a tender for the sale of the ferro-nickel plant Ferronikeli by the Kosovo Trust Agency (KTA), the body charged with the restructuring of state-owned companies in the province. KTA is making now the background checks of Alferon's 33 million euro ($40.03 million) offer.

"Alferon is ready to make the investment, because Kosovo A supplies the energy needed for Ferronikeli's operations," Dida said.

Rusal, a Russian aluminium group, is also interested in investing in the power plant, Berisha said. Rusal bought Montenegro's sole aluminium smelter, Kombinat Aluminijuma Podgorica (KAP), for 145.5 million euro in cash and investments in July.

Kosovo's 10-year energy strategy, approved in August, callls for the province to upgrade three of the five power-generating units at Kosovo A. The investments needed for the revamping each of the three 200-MW units are estimated at 56 million euro, Dida said.

Kosovo has been administered by the United Nations since 1999 when a NATO bombing campaign forced Serbia to withdraw its forces from Kosovo and halt repression of the ethnic Albanian majority seeking independence for the province. The unresolved political status of Kosovo is considered a major obstacle to the province's plans to attract foreign investors.

14 comments:

Anonymous said...

Alferon paid for Kosumi flight back from holiday. Low and behold they are getting a second deal.

Anonymous said...

Not any worse than the Frenchies getting that Fat ALCATEL deal from the Kosovo Government to update phone lines. VALA 900 what a waste. (I still am getting a bad signal for 2 days in a row, good thing I have my Mac chip)

Chris Blaku said...

And Enron sent one third of the US Senate on vacation, corruption is an international problem not just a Kosovar one.

Anonymous said...

boy, but do those kosovars pick up on the corruption fast.

Chris Blaku said...

Corruption is an inherent trait of developing nations and is quite common throughout the third world. As I mentioned earlier, it is not a Kosovar problem, it is an international one.

Anonymous said...

"boy, but do those kosovars pick up on the corruption fast."

A statement like that can only come from someone who's mind is biased and thinks in terms of racial supremacy or even national supremacy, thus only a Serbian Serb.

As a biased statement, and one intended to discredit Kosovars (both Serb and Albanian) it makes me happy to hear it cause it just inspires me to prove you wrong.

Corruption is not the game one plays in Kosova anymore.

See what news and media attacks the Prime Ministers plane scandal caused? We're talking about a airplane ride!!!

As Chris pointed out, corruption is a problem of all developing countries, but we're sure acting like the Sweden of developing countries since our PM can't even get a ride on a jet without alarms going off.

Anonymous said...

Isn't the term kosovar the term used for ALL residents of Kosovo.

"boy, but do those kosovars pick up on the corruption fast."

I don't understand if that is the case how Albanians would think the quoted comment above regarding corruption in biased or racial against albanians, unless they don't consider the SERB, ROMA, TURK and others residents of kosovo as kosovars. Just a thought.

Anonymous said...

Man shot to death in Albanian church while his children watched

Anton Kçira, the priest at St. Paul Albanian Catholic church in Rochester Hills, Michigan, was just about to distribute communion when 38-year-old Gjon Pepaj allegedly stood up from the congregation and said, "Yes, I am here!" and shot into the ceiling with a 9mm handgun. As the congregants scattered, according to reports, Pepaj then shot 38-year-old Gjek Isufaj in the back of the head, killing him. Then, according to witnesses, he shot into the air again, said, "I've done what I'm supposed to do," and shot Isufaj once more.

I believe this is the civility of the Albanians you were comparing to the Serbs.

Anonymous said...

OK ... FOR ALL THOSE ALBANIANS WHO STILL FIND IT DIFFICULT TO UNDERSTAND (AND I KNOW THERE ARE MANY OF YOU OUT THERE) - I'VE MADE IT EVEN SIMPLER.
NOW ... ALBANIANS OR SHIPTARS OR WHATEVER YOUR KNOWN AS TODAY ... READ THIS CAREFULLY AND REPEAT IT EVERY MINUTE UNTIL IT SINKS IN ...
"KOSOVO=SERBIA"
THERE. NOW THAT WASN'T TOO HARD WAS IT?

Anonymous said...

NATO-FUCKED-SERBIA SO WHAT THEY FUCK HER AGAIN .anonymous ill fuck your family and then kill them all. you are fuckin serb bustard. next time if u see your family remember me behind them.

Zef Pepaj said...

Listen whoever the fuck u think u are, u dont know shit about my dad, my dad had to shoot him to defend me and my pride, he had a fucking gun on him, how hard is it to understand. You are SUPPOSED to shooot someone BEFORE they shoot u, that is why he is dead. So get it through ur fucking skull and dont talk shit. if anything, u shoulda put ur name next to ur comment.

pierce79 said...

The Kosovo government on Wednesday (July 15th) approved a decision to move forward with construction of the Kosova C, or Kosova e Re, coal-based power station -- the biggest investment
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pierce79 said...

The announcement came a day after German energy company RWE AG withdrew its 3 billion-euro bid to build the plant. The company said it was dropping out of the tender due to "issues of complexity and the level of maturity of the project".

RWE AG was one of four international companies expected to bid on building the plant, rehabilitate an old plant and open a new lignite mine.

The three remaining shortlisted companies are Czech and US consortium CEZ/AES, a consortium of Italy's Enel and the Greek-American Sencap.
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