Two key players considering bids for geothermal fields in northeast

Two major energy companies are believed to be considering bids for an international tender recently announced by the energy ministry for lease rights to explore geothermal potential at four areas in the Eastern Macedonia and Thrace region.

The tender’s data room is currently open for all interested parties to explore.

The tender concerns the western section of the Nestos River’s Delta Basin (Chrysoupoli – Eratino, Keramoti and Kavala Bay areas); the central and southern section of the Strymonas river basin; the Evros River Delta Basin (between Alexandroupoli and the Evros river, including the Aristino-Alexandroupoli area); and Akropotamos in the Kavala area.

Participants face an October 4 deadline to submit their bids. Investors are not required to commit themselves to all four regions.

This tender is not connected to another competitive procedure concerning geothermal potential at Mylos, Nisyros, Lesvos and Methana, whose lease rights have already been awarded to PPC Renewables.