TENDER FOR THE CONSTRUCTION OF BRAJICI WIND FARM LAUNCHED

Montenegrin Ministry of Economy has launched a tender for the construction of Brajici wind farm with installed capacity of at least 70 MW.

Tender includes 30-year concession for a lease of 13.8 million square meters land plot in Brajici intended for the construction of a wind farm, with annual fee.
Detailed information about this tender you can find on below link

http://www.mek.gov.me/en/news/208530/PUBLIC-CALL-FOR-A-LONG-TERM-STATE-PROPERTY-LAND-LEASE-FOR-THE-CONSTRUCTION-OF-WIND-POWER-PLANT-AT-THE-SITE-BRAJIcI-MUNICIPALITIE.html

The first wind farm to be developed in Montenegro and only one operational until the date is Krnovo project. The Krnovo Wind Farm comprises 26 GE wind turbines with installed capacity of at least 72 MW.

Law Office Vujacic as the local councel advised the lenders EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT and KFW IPEX-BANK GMBH in connection with a Krnovo project financing.