Albania's KESH sells 75,600 MWh of electricity for Jan 22- Feb 4 delivery - Hydro Balkans
+44 207 394 30 90 (London)

Albania’s KESH sells 75,600 MWh of electricity for Jan 22- Feb 4 delivery

Main » News » Albania’s KESH sells 75,600 MWh of…

TIRANA (Albania), January 22 (SeeNews) – Albania’s state-owned power corporation KESH said on Monday it has sold a total of 75,600 MWh of electricity worth 2,86 million euro ($3.5 million) for delivery in the January 22 – February 4 period.

KESH announced and concluded the auction on January 20, with the highest price offered set as the most important criteria, according to the final report on bids posted on the corporate website.

Nine domestic and foreign power suppliers and traders participated in the auction, and KESH selected two of them: EFT AG and GSA.

The prices achieved in the auction were 37.78 euro/MWh for the first lot and 37.8 euro/MWh for the second lot.

Albania produces 98% of its electricity from hydropower plants (HPP), most of it from three power plants along the Drin River, in the northern part of the country

Source: https://renewablesnow.com

MORE:

IFC, North Macedonia to study hydro plant value

World Bank Group member IFC is to assess the value of a planned hydropower plant in Macedonia as part of an agreement recently signed with the Government of North Macedonia. The preliminary assessment on the Cebren project will assess the hydro plants value to the country and the region, including how it will help North…


Montenegro approves 33 mln euro loan guarantee for HPP Perucica overhaul

PODGORICA (Montenegro), August 2 (SeeNews) – Montenegro’s government has decided to issue a 33 million euro ($36.6 million) loan guarantee in a project for the overhaul of the 307 MW hydropower plant (HPP) Perucica, it said on Friday. The guarantee will cover a 33 million euro loan to be extended by German development bank KfW…


China’s AVIC offers to finance, build HPP Buk Bijela, 4 small hydropower plants

China National Aero-Technology International Engineering Corporation (AVIC) has expressed interest in the construction of three large hydropower plants (HPPs) – Buk Bijela, Foča, and Paunci – and four small hydropower plants (SHPPs), the Ministry of Energy and Mining said on its website. Energy and Mining Minister Petar Đokic met with potential partners from China –…