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

dusan zivkovic eps general manager elektroprivreda srbije

Dušan Živković appointed as general manager of Elektroprivreda Srbije

15 June 2024 - The Supervisory Board of the joint stock company Elektroprivreda Srbije has appointed Dušan Živković as the general manager

Rezolv secures EUR 191 million loan for Vifor wind farm in Romania

Rezolv secures EUR 291 million loan for Vifor wind farm in Romania

14 June 2024 - The beneficiary of the loans is First Looks Solutions S.R.L., project subsidiary of Rezolv Energy and Low Carbon

eps transformation plan djerdap 1

Serbia’s power utility EPS adopts Transformation Plan

14 June 2024 - By adopting the Transformation Plan, Serbia has met an important structural benchmark within the framework of the arrangement with the IMF

bulgaria NEK pumped storage hydropower batak dospat

Bulgaria’s NEK gets help to prepare construction of two large pumped storage hydropower plants

14 June 2024 - The pair of new renewable energy sources, named Batak and Dospat, will each add generation capacity of approximately 800 MW