COLENCO signed a contract with the legal office LEXIA AVVOCATI form Milan, Italy, for preparation of tender documentation for public tender aimed at designing, construction, operating and maintaining the Cebren hydropower plant on the River Crna in North Macedonia

The Government of the Republic of North Macedonia has engaged Lexia Avvocati with registered office in Milan, as legal counsel to provide legal services in connection with the development of the Cebren Project, contemplating, inter alia, the potential awarding of a water concession for the establishment of a joint venture company that will be participated by the Government and a private developer to be selected in the context of a public tender.

The public tender will be aimed for selection of private partner that will be responsible for designing, construction, operating and maintaining the Cebren hydro-power plant and dam with an indicative installed power capacity of around 333 MW and the Orlov Kamen dam with the possibility for an additional hydro-power plant at the site, and the exclusive right to operate and maintain the existing 116 MW Tikves hydro-power plant.

Colenco signed a contract with Lexia Avvocati for providing services for preparation of the technical part of tender documentation.

The nine companies, who already expressed an interest to participate in the procedure, is expected to be invited in November 2021 to undertake the tender documentation.