Electricity

Energoinvest, Končar to construct first N. Macedonia-Albania power line, new substation

Energoinvest-Koncar-North Macedonia power substation

Photo: Bisera Hadžialjević (Energoinvest), and Eva Šukleva (MEPSO)

Published

February 12, 2020

Country

Comments

0

Share

Published:

February 12, 2020

Country:

Comments:

0

Share

North Macedonia’s transmission system operator (TSO) MEPSO has signed deals for a new 400 kV line to connect the country with Albania, a new 400/100 kV substation near Ohrid and an extension of Bitola 2 substation. Contracts worth EUR 35 million were awarded to Bosnia and Herzegovina’s Energoinvest and Croatia’s Končar.

The new line will be the first power link between North Macedonia and Albania. Albania is the only neighboring country with which North Macedonia didn’t have this kind of connection.

Funds are secured by loans and grants approved by the EBRD and Western Balkans Investment Fund

The funds are secured by loans and grants approved by the European Bank for Reconstruction and Development and Western Balkans Investment Fund (WBIF).

The Bitola-Elbasan power line will be constructed by Energoinvest

New transmission line Bitola-Elbasan from the Bitola 2 substation to the North Macedonian–Albanian border will be installed by Energoinvest. The contract is worth EUR 17.2 million, local media reported.

Končar will be responsible for the new substation near Ohrid and the extension of the Bitola 2 substation

Croatia’s Končar will be responsible for the planned substation near Ohrid and the extension of the Bitola 2 substation, an investment worth EUR 16.9 million.

The new power line, part of Corridor 8, will enable the transmission of electricity from Bulgaria across North Macedonia to Albania and further to Italy by subsea cable, MEPSO CEO Eva Šukleva said.

According to her, the new substation near Ohrid will enable the capacity for the connection of new consumers, both individuals and businesses.

The future link is the missing part of the electricity corridor between Bulgaria, North Macedonia, Albania, Montenegro, and Italy

Andi Aranitasi, Head of EBRD’s office in North Macedonia, said the future power line is the missing part of the corridor between Bulgaria, North Macedonia, Albania, Montenegro, and Italy.

He added EBRD secured a EUR 37 million loan and a EUR 12 million grant from WBIF for the electricity connection between North Macedonia and Albania.

The corridor will play a significant role in enabling the regional electricity market and the uptake of renewables

The corridor will play a significant role in enabling the regional electricity market and the uptake of renewable energy, especially solar, he said.

The signing ceremony was attended by Prime Minister of North Macedonia Oliver Spasovski, President of Končar Management Board Gordan Kolak and General Manager of Energoinvest Bisera Hadžialjević.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Dubravka Dedovic Djedovic Handanovic reappointed Serbia minister of energy mining

Dubravka Đedović Handanović reappointed as Serbia’s minister of energy, mining

30 April 2024 - Minister of Energy and Mining Dubravka Đedović Handanović is keeping her seat in the new cabinet while Minister of Environmental Protection Irena Vujović is also becoming deputy prime minister

G7-andrew-bowie-coal-phaseout

UK minister: G7 reaches ‘historic’ deal to abandon coal in first half of 2030s

30 April 2024 - An official statement on the G7 decarbonization commitments is due later today

Renewable electricity share Turkey 50

Renewable electricity share in Turkey nears 50%

29 April 2024 - Renewable sources had a 49.3% share in Turkey last month. Minister Mehmet Şimşek said USD 100 billion would be invested within ten years.

Belgrade-Energy-Forum-platform-major-renewable-energy-deals-join-it

Belgrade Energy Forum is the platform for major renewable energy deals – join it!

29 April 2024 - The Belgrade Energy Forum event platform is facilitating major partnerships, financing agreements and contracting opportunities in Southeast Europe