Kosova Lignite Power Investors Conference January 2010
Kosova e Re Power Plant Project Overview of the Opportunity & Pre-Qualification
PricewaterhouseCoopers LLP
Introduction to the Kosova Energy Strategy Power demand growth and existing supply Kosovo Power Supply / Demand Balance
8,000,000
8,000,000
Rehabilitation of Kosovo B
7,000,000
Annual MWh
6,000,000
7,000,000
6,000,000
5,000,000
5,000,000
4,000,000
4,000,000
HPPs
3,000,000
3,000,000
Kosovo B
2,000,000
2,000,000
1,000,000
1,000,000
0 2009
Kosovo A 2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
0 2025
2024
Year Kosovo A
Kosovo Lignite Power PricewaterhouseCoopers LLP
Kosovo B
HPP Ujman
HPP Zhur
Small HPPs
Import / New generation requirement
Domestic demand
January 2010 Slide 3
Introduction to the Kosova Energy Strategy Lignite resources: Sibovc versus other European Coal Mines
Kosovo Lignite Power PricewaterhouseCoopers LLP
January 2010 Slide 4
The Lignite Power Project Key studies Study / Task Preparation of a Mid Term Plan for the Development of Existing Coal Mines and a Main Mining Plan for the new Sibovc Mine Pre-feasibility studies for new power plant and pollution mitigation measures in Kosovo B [Jaakko Pรถyry Group Oyj] Preparation of complementary mining plan for Sibovc south west lignite mine [STEAG AG] Studies to support the development of new generation capacities and related transmission [Poyry, Terna, Cesi, Decon] Water Supply from the Iber Lepenc Hydro System for the Proposed Kosovo C Power Plant [COWI, BCEOM, Enviros, Exergia, Tractebel]
Date Completed June 2005 February 2006 May 2006 September 2007 November 2007
Strategic Environmental and Social Assessment Report [ERM]
May 2008
Kosovo B Rehabilitation feasibility study [PA Consulting]
[March/April] 2010
Kosovo Lignite Power PricewaterhouseCoopers LLP
January 2010 Slide 5
The Lignite Power transaction Project Components (as reconfigured) A. Construction of a new electric power generation plant, ‘Kosova e Re Power Plant’ (“KRPP”) - Estimated installed initial capacity of 500 MW - Possibility of expanding up to 1000 MW - Limited associated interconnection facilities A. Immediate development of the Sibovc Lignite Field to supply existing plant and KRPP B. Private sector participation in Kosova B
Kosovo Lignite Power PricewaterhouseCoopers LLP
January 2010 Slide 6
The Lignite Power transaction Prequalification – minimum criteria for consortia • •
•
Arranged financing for an independent power and/or mining project with a financing amount (debt plus equity) of at least €800 million. Managed the development of: - an open-cast mine of at least 8 million tonnes/yr of coal or lignite production; and - a coal- or lignite-fired independent power project of at least 600 MW gross electric power generating capacity. Served as the lead construction entity in at least two projects of a similar nature and complexity as the components of the Project that have been completed since 2000 and have operated successfully for at least 18 months; and - (A) operated an open-cast mine of at least 5 million tonnes/yr production for at least 3 years since 2004; and - (B) operated coal or lignite fuelled power generation capacity of at least 2000MW (at a single or in aggregate across multiple locations) for at least 3 years since 2004.
Kosovo Lignite Power PricewaterhouseCoopers LLP
January 2010 Slide 7
The Lignite Power transaction Prequalification – deadline & evaluation Deadline: 1700 hours (Pristina time) on 29 January 2010 Evaluation for shortlisting: Scoring Criteria Financial Capacity – finance raising experience Development Management Experience - mining Development Management Experience - generation Construction Experience – similar projects O&M Experience – Mining O&M Experience – Coal/Lignite Generation Financial Standing Bidder/Consortium Structure
Kosovo Lignite Power PricewaterhouseCoopers LLP
Max. Points Available 15 10 10 15 10 10 15 15
January 2010 Slide 8
The Lignite Power transaction Proposed timescale
29 January 2010 Deadline for receipt of EoIs
March / April 2010
July 2010
Publication of Draft Request for Proposals
Publication of Final Request for Proposals
February 2010
June 2010
September 2010
Announcement of shortlisted bidders
Deadline for responses to Draft RfP
Receipt of Proposals & Announcement of preferred bidder
Kosovo Lignite Power PricewaterhouseCoopers LLP
January 2010 Slide 9