Reference No. 8

Technical Due Diligence to the Tender Documentation for construction of Boskov Most HPP

Funded by: Powerplants of Macedonia (ELEM)

Client: Powerplants of Macedonia (ELEM)

Overall project value: 8.000

Country: Macedonia

Implementing period: 01/2011 – 04/2011

 

Detailed description of project

Overall objective – Technical Due Diligence to the Tender Documentation for construction of Boskov Most Hydro Power Project.

VEVE group has reviewed the existing studies and design documentation for the Project, which was provided upon the start of the consultancy assignment.

They have been reviewed from all relevant aspects, especially according to local legal aspects, local permission aspects, socio-economic and financial aspects.

The standards applied to the assessment of this information were: Macedonian law, European Union (EU) requirements, relevant international standards and recommendations, including those of ENTSO-E.

 

Type of services provided

  • Permits and authorizations – provision of the permitting status, the list of permits and authorizations required for the Project development, construction and commissioning;
  • Examination of the existing permits for the local use of water resources may jeopardize the Project and affect the technical requirements, Project timeline and bankability;
  • Project risk analysis technical and operational risks, delays, government approval/permitting issues, off-take agreement, cost overrun, management and financial risks