Energy and Natural Resources News: Serbia

Srbijavode opens Tender for the Lease of Riverine

The public enterprise Srbijavode announced the tender for the lease of riverine – a riverbed with accompanying waterside, for the construction of small hydro power plants on 18 different locations in Serbia. These locations are in the municipalities of Arilje, Kraljevo, Novi Pazar, Surdulica, Raška, Babušnica, Ivanjica, Trgovište, Pirot and Bela Palanka. The integral part of the announcement is the model of the agreement on the lease of the riverine, which sets out the main terms of the future lease.

The leased land can be used exclusively for the construction and maintenance of small hydro power plants and for the production of electricity. The riverine has to be leased for a period of 10 years following the conclusion the agreement, with possibility to extend it for additional 10 years.

In order to participate in the tender procedure, an interest party has to pay a deposit amounting to 10% of the rent they proposed. The proposal can be submitted by any legal entity, entrepreneur or individual. The deadline for the submission of the proposals is 21 September 2018.​