WPD AG and Vjetroelektrana Budva to Invest €101.3m in Brajici Wind Farm

By , 26 Nov 2019, 14:41 PM Business

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November 26, 2019 - A consortium of the German WPD AG company and Vjetroelektrana Budva [in English: Budva Wind Farm] is the only bidder that met all the requirements for the construction of the Wind Farm Brajići on state-owned land in the municipalities of Budva and Bar, suggests the Decision on the shortlist of bidders.

 

The document drew up by the Ministry of Economy says the German-Montenegrin consortium was the only bidder which made a bid in a timely manner and offered an investment of  EUR 101,3 million for the construction of a wind farm.

 

The bid encompasses the construction of a wind farm with the potential of producing 100,8 MW, while the consortium also offered to pay €2,50 per square meter for the lease of state-owned land.

The bid also envisages the participation of national companies in the amount of €21,6 million and the construction of a new wind power plant at an area of 235,462 square meters.

Text by CDM on November 26, 2019, read more here.

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