Albania’s “Shala” River is also granted concession, HPP 100 million USD investment.

Recently, some impressive photos from a river in North Albania can be seen on social networks, whose images are compared to those in Thailand. It is about the Shala River which has become the main tourist attraction of this year with an extraordinary increase in attendance. For all those who have visited the impressions left are the most impressive ones, while those who have not yet been have to do as soon as the majority of this river will be overwhelmed by new hydro concessions. There is already a concrete project with three winning companies announced by the Ministry of Energy and Industry.

HEC-I over Shala 100 million USD investment

The Ministry of Energy and Industry yesterday announced the concession winners for the hydropower plant on the Shala River. Referring to the investment value but to the installed power it seems to be one of the biggest hydropower plants in the country. The winning company is a temporary merger of the companies “Çinar-San Hafriyat Nakliyat Insaat Turizm Sanayi Ve Ticaret LTD.STI”, “Shala Energy PLC” and “Falak Properties LLC”.

Data on HPP

The installed power specified by calculating the river flow, is expected to be 83,450 kW, with an electricity output of about 321,465,632 kWh. The amount of Fees offered for concessions is 2.1% (6.750.778 kWh) and the time of implementation of the works 36 months. Value excluding VAT is 11,239,204,263 Lek.

The interest for hydropower utilization is for the Shala River waters, between the quotas 486 meters above sea level up to 176.00 meters above sea level, which is also the maximum quota of the Komani reservoir, respecting the technical conditions of design and non-violation of objects that are planned to be built in this watershed.

The Shala River on which is planned to build the hydro power plant is one of the Drini River branches that supplies the Drina cascade, which is the most important energy project in the country, providing over 90% of the energy in the country.

There are also HEC-I Gojan and Bushtrica 1

The Ministry of Energy announced that it has announced the winners for the hydro power plant Bushtrica 1 which was more than two months appealed to the Public Procurement Commission. According to the winning announcement for this concession is the company “Doko” sh.pk with an investment value of 506 million ALL without VAT while the installed power will be 4220 Kw.

For the winning Gojani hydro power plant was announced “M.C. Inerte “sh.p.k. with an investment value of 1.9 billion Leks (ALL).

Winning companies for three HPPs should submit additional documents to the ministry to open the way for signing the final contract.

June 3, 2016

by AEA in News

IENE workshop 2nd : Developing Albania’s Hydroelectricity Potential

Speaking at the second session of the workshop IENE to exploit the hydroelectric potential of Albania, Executive Director of IENE Mr. Kostis Stambolis alleged a position that as it further develops the electric system of the country, mainly based on hydropower, will need the support of the Greek electrical system in order to achieve uninterrupted operation. A support will be based both on bilateral electricity exchanges and technical assistance and investment assistance can offer PPC.

Based on data presented by the Executive Director of IENE, and based on wide reference study has been prepared, the SE Europe Energy Outlook 2016, the total output of Albania electricity will double by 2030, from current levels of 4200 GWh in more from 8,100 GWh .With the vast majority of this electricity production come from hydropower projects by exploiting the confirmed potential of 4500 MW compared to 1460 MW currently in use.

Through presentations and speeches of representatives of the state-owned electricity corporate KESH, the Albanian energy regulator, Dr. Abaz Aliko, as Director of the Energy Department’s Energy Ministry of Policy, Agim Bregasi and Mr. Lorenz Kosta, Director of Transmission of Electricity OST and Mr. Perparim Kalo, Director known legal office Kalo & Partners gave dynamic course and very substantial investment potential of hydropower sector in Albania.

The director of the address hydroelectric PPC Mr. John Argirakis made a comprehensive presentation and valuation of the Company’s activities including large and small hydroelectric projects.

A series of presentations by PPC executives but also by the company TERNA ENERGY by Mrs. Yulia Tsiknakis and from the company Aktor from Mr. John Lefas. The workshop IENE completed with an extensive panel discussion which was coordinated by Mr. Perparim Kalo.

Source: AEA

June 3, 2016

by AEA in Events, News

IENE Workshop in Tirana to Examine the Development of Albania’s Hydroelectric Potential

A one-day workshop on the utilization of Albania’s significant hydroelectric potential is convened by the Institute of Energy for SE Europe (IENE) in Tirana on June 3, 2016. This special IENE event, organized in cooperation with Albanian counterparts and under the auspices of the Albanian Ministry of Energy and Industry and of the Greek embassy in Tirana, will examine the further exploitation and expansion of Albania’s hydropower sector and propose a viable strategy for sustainable development.

With the participation of more than 120 Albanian, Greek and international energy companies, work began this morning the work of the conference organized by the Institute of Energy for SE Europe (IENE) in Tirana to consider further exploitation of large hydropower potential of Albania. The workshop IENE entitled “Development of Albania’s Hydroelectric Potential” is supported by the PPC, numerous delegation which participates in the work with specialized lectures and presentations, and the Federation of Greek Enterprises in Albania.

Opening the work of the Workshop Chairman of IENE Mr. John Chatzivasileiadis referred to the important role that Albania due to high hydroelectric potential, the creation of a dynamic regional electricity market can play. The chairman of IENE explained the very good cooperation that had IENE with all the Albanian entities in the organization of the event which, as the K.Chatzivasileiadis, embraced the initiative of the IENE contributing with their knowledge and experience.

On the same wavelength was and the speech of Greek Ambassador in Albania Leonidas Rokanas, while Albania’s Energy Vice Minister and Industry Mr. Gesim Musabelliu after having welcomed the initiative of the IENE reported in detail in the country’s energy sector giving new emphasis on comprehensive hydropower infrastructure, he said.

More specifically Mr. Gesim Musabelliu mentioned in the new under construction total hydroelectric power units include the 400 MW, including small hydropower plants and two large in the northern part of the country, made mainly from foreign investors but also by the state electricity company KESH. Also the Albanian energy minister informed the audience about the new, under construction, electricity 400 KV interconnection line between Albania and Kosovo are expected to be completed until the end of the year, will significantly enhance the security of energy supply of Albania. Finally, among other Mr.Musabelliu, he emphasized the role of international investors in the hydroelectric project area because only with constant foreign investment can develop this sector because of the many great resources available.

In his speech at the workshop IENE Chairman and CEO of PPC Mr. Manolis Panagiotakis, having hosted a number of key elements for the organization and PPC activities, referred to the role of the Corporation in the SEE region. As he explained Mr.Panagiotakis is within this wider role in supporting this initiative of the IENE wished simultaneously to enhance the possibilities for cooperation with Albanian actors in the electricity sector. Meanwhile, the president of PPC underlined the possibilities sees an investment activity in PPC hydroelectric Albanian area. Completing the work of the First Session of the workshop Ms. Alexandra Psyrri, as.director of finance and investor relations PPC (Public Power Corporation SA), explained the organizational structure and mode of operation of business with special reference to new investments and under construction units.

Source: AEA