IFC is transaction adviser for Kosovo's first solar PPP project

The International Finance Corporation will act as transaction adviser in defining the parameters and requirements to design and tender the first solar public-private partnership project in Kosovo.

Private partners will participate in the open-bidding, competitive tender where the offered price will be the auction parameter, IFC said.

The planned solar power plant’s location has not been decided yet. 

The Ministry of Economic Development said in September following the signing of a cooperation agreement with IFC that the financial institution is advising the government on the development of a 50MW solar power plant. According to the statement, the project will help meet part of Kosovo’s obligations towards the EU concerning the diversification of its energy mix.

In September, the European Bank for Reconstruction and Development invited expressions of interest in providing it with consultancy services in order to support the Government of Kosovo in developing and implementing a competitive scheme for the award of future support to renewable energy generators. 

The deadline to file expressions of interest expired on 10 October.