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A minimal bid of NIS 9 billion is required and the 4 bidders within the preliminary tender can once more take part with October 17 set because the deadline for bids.
The tenders committee of Israel Electrical Corp. (IEC) met yesterday and determined to challenge a brand new tender for the sale of the Eshkol energy station after the Tel Aviv District Courtroom, sitting because the Courtroom of Administrative Affairs, dismissed the petition of the OPC Vitality-Noy Fund consortium in opposition to the IEC tenders committee, searching for cancellation of the choice to reopen the tender for the sale of the Eshkol energy station.
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Courtroom determination places Eshkol energy station sale again in play
The identical phrases have been set for the brand new tender as within the authentic tender. A minimal bid of NIS 9 billion is required and the 4 bidders within the preliminary tender can once more take part with October 17 set because the deadline for bids.
All eyes will now be on Dalia Vitality Firms, which retracted its first bid of NIS 12.4 billion and resubmitted a bid of NIS 9 billion, thus resulting in the collapse of the earlier tender. At current, Dalia Vitality Firms seems to be as if it will likely be the one bidder for the brand new tender.
On the similar time, it stays to be seen whether or not the OPC Vitality-Noy Fund consortium will resolve to petition the Supreme Courtroom. Such a petition may shut the door on any chance that the Eshkol energy plant can be delivered to the client in accordance with the initially deliberate date, December 3. In any case, this deadline even now appears fairly bold.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on September 21, 2023.
© Copyright of Globes Writer Itonut (1983) Ltd., 2023.
Eshkol energy station credit score: IEC
Nitsan Shafir and Dean Shmuel Elmas
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