Auditors query power distribution operator’s data
A group of independent auditors hired by Albania’s electricity distribution network operator Oshee sh. a. for its financial statements for 2014, has refused to give an opinion, noting inconsistencies, portal Balkan Insight reported. The unaudited documents show that in 2014 revenues jumped to ALL 47.2 billion (EUR 337 million) from EUR 269 million in 2013. […]
EU pledges funds for Albania–Macedonia interconnection
The Western Balkans 6 ministerial meeting took place at the seat of the Energy Community Secretariat in Vienna in the presence of Johannes Hahn, European commissioner for neighbourhood policy and enlargement negotiations. The Ministry of Energy and Industry of Albania said the European Union guarantees financial backing for the construction of the country’s 400 kV […]
Energy ministry starts Albania’s first wind park project in Kurbin
The Government of Albania announced the installation of the country’s first wind power plant in Kurbin area. The plan by the Ministry of Energy and Industry was approved and featured in the official bulletin. An operator is to install the 12 turbines in Kurbin of 92 meters each, at a total cost of EUR 54 […]
Statkraft seeks afforestation services provider
Devoll Hydropower Sh. A. (DHP), Albanian company ultimately owned by the Norwegian company Statkraft AS, closed its invitation for expression of interest or prequalification for afforestation services as the deadline expired on June 22. The endeavour in Banje hydropower plant area, part of Devoll project, covers 255.3 hectares in five sections and includes maintenance of […]
Germany inks EUR 40 million loan for energy sector
The Government of Albania reached a loan agreement with the German government for a project that aims to increase efficiency in the energy sector, Invest in Albania portal reported. The EUR 40 million loan will be allocated by a German bank, official sources say. Efficiency in the energy sector programme consists of improving the aspect […]
Government cancels contracts for 30 hydro plants
Licenses for the construction and use of 30 power plants throughout Albania were cancelled by the country’s government for their „failure to meet obligations,“ after members of the European Parliament called on it to reconsider the plans. Prime minister Edi Rama’s cabinet earlier scrapped several such systems that were approved in the last meetings of […]
Interconnection underway between Macedonia and Albania
The construction of a 400 kV Bitola-Elbasan interconnection transmission line tops the list of priority projects within the Energy Community involving energy infrastructure, said Macedonian economy minister Bekim Neziri and Albania’s parliament speaker Ilir Meta at a meeting in Tirana, English language Independent.mk agency said. Both men pointed that this is the first interconnection between […]
Gjiknuri-Pagano: Reform in energy sector on right track
After getting acquainted with the measures and steps taken in electricity sector reform, World Bank directors declared that the challenge of Albanian government is very important and the work is on the right track, AlbReporter portal said. Minister of Energy and Industry Damian Gjiknuri received Patrizio Pagano, executive director at WB in Washington, who was […]
