Bulgaria's TPP Maritsa Iztok 2 relaunches natural disaster insurance tender

Bulgaria's TPP Maritsa Iztok 2 relaunches natural disaster insurance tender

Bulgaria's thermal power plant (TPP) Maritsa Iztok 2 said on Friday that it has relaunched a tender for awarding a three-year natural disaster insurance contract, increasing the estimated value of the contract to 24.7 million levs ($14.0 million/12.6 million euro), VAT excluded.The initial procedure, launched in June, valued the contract at 14.2 million levs, VAT excluded.Candidates must prove that they have generated at least 49.4 million levs of gross written premiums from similar contracts in the past three full financial years, state-owned TPP Maritsa Iztok 2 said in a tender notice.The deadline for expressions of interest is October 15. Selected candidates are expected to be invited to submit offers on November 22.After cancelling the initial procedure in August, TPP Maritsa Iztok 2 signed a nine-month 6 million levs contract with Bulstrad VIG for natural disaster insurance to cover the period until it completes the public procurement procedure for the bigger contract.TPP Maritsa Iztok 2 has eight operating units with a total installed capacity of 1,620 MW.

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.