Polimex-Mostostal confident on winning the Ostrołęka power block tender

WSE-listed builder Polimex-Mostostal is confident it will win the contract for building a power unit at the Ostrołęka power plant being despite having submitted the highest bid, CEO Antoni Józwowicz said. “I can't speak of the reasons I base my conviction on, but we precisely estimated all the costs and investor's expectations, and the bid reflects it,” he said, explaining that if the investors lower they expectations, the price could go down as well. He expects the results of the tender to be announced within a month. The main shareholders of the Ostrołęka power unit, WSE-listed, state-owned Energa and Enea are also stakeholders in Polimex-Mostostal. Mostostal bid was the highest among the three submitted, the lowest bid, at PLN 4.85 billion was placed by China Power Engineering, with GE Power/Alstom bid at PLN 6.02 billion, and Polimex-Mostostal/Rafako consortium at PLN 9.59 billion. Energa previously said that it plans to spend PLN 4.8 billion on the scheme. The coal-fired block in Ostrołęka will have 1,000 MW capacity. Energa and Enea will have 50 percent stake each in the project.