📋 Tender Overview
Project ID: 57337
Status: In Exploratory, Pending Final Review
Location: North Macedonia
Industry Sector: Energy
Notice Type: State
Approval Date: 02 Dec 2026
Disclosure date: 15 Sep 2026
Project Description
A sovereign guaranteed loan of up to €18.6 million to the Macedonian Transmission System Operator AD ("MEPSO" or the "Company"), a 100% state-owned electricity transmission system operator in North Macedonia. The Bank's loan will finance the modernisation of critical transmission infrastructure through the deployment of a new central SCADA/EMS system, new cybersecurity systems, and a 400 kV transformer. The total project cost of €21 million will also benefit from a €2.4 million investment grant from the WBIF.
Project Objectives
North Macedonia's electricity transmission system is undergoing a rapid transformation driven by the accelerated integration of renewable energy sources and increasing digitalisation of grid operations. MEPSO faces critical challenges from ageing control infrastructure, limited network visibility and increasing cyber threats. The project will modernise core transmission infrastructure and a comprehensive upgrade of cybersecurity systems. The proposed investments will enhance the reliability, security and operational efficiency of the transmission network of North Macedonia through improved real-time monitoring and control, strengthen the resilience of critical energy infrastructure against cyber threats, and ensure compliance with ENTSO-E standards and EU NIS2 requirements. The project will also increase transmission capacity and operational flexibility through the installation of a new 400 kV transformer, while supporting greater integration of renewable energy sources through improved system visibility and network optimisation.
