Albania's KESH sells 8,700 MWh of electricity for Dec 16 -18 delivery - Hydro Balkans
+44 207 394 30 90 (London)

Albania’s KESH sells 8,700 MWh of electricity for Dec 16 -18 delivery

Главная » News » Albania’s KESH sells 8,700 MWh of…

TIRANA (Albania), December 18 (SeeNews) – Albania’s state-owned power corporation KESH said it has sold a total of 8,700 MWh of electricity worth 331,186 euro ($389,068) to be delivered in the December 16 -18 period.

KESH announced and concluded the auction on December 14, with the highest price offered set as the preferred criteria, according to the final report on bids posted on its website on Friday.

Nine domestic and foreign power suppliers and traders participated in the auction, as KESH selected four of them: EFT AG, GSA, Alpiq Energy SE and GEN-I Tirana shpk.

The price ranges achieved in the auction were 17.4 euro/MWh to 42.82 euro/MWh for the first lot and 17.37 euro/MWh to 30.55 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.

($=0.8508 euro)

Source: https://seenews.com

MORE:

EBRD has acquired stake in Ictas Surdurulebilir Enerji Yatirimlari, the renewable energy arm of Turkey’s IC Holding for $100m

The EBRD’s investment is expected to provide new boost to Turkey’s renewable energy sector. Ictas Surdurulebilir Enerji Yatirimlari owns a portfolio of ten hydropower plants with a total capacity of 400MW. With the funding, the company expects to invest in wind and solar power with a combined capacity of up to 250MW. The investment will…


Romania’s Govt. renews promises for 10% IPO at Hidroelectrica

Romania’s Government plans to launch an initial public offer (IPO) for the sale of a 10% stake in hydropower producer Hidroelectrica and a 15% stake in coal and power company CE Oltenia, according to the 2019-2022 Convergence Program, passed by the Government on May 8. The offers would include the issuing of new shares by…


EPCG’s new investment cycle focuses on portfolio diversification, hydropower projects

A Belgrade consortium comprising engineering firm Energoprojekt Hidroinženjering and water management institute Jaroslav Černi has been selected to produce a conceptual design for hydropower plant (HPP) Komarnica, and has already prepared an environmentally acceptable technical solution, which paves the way for the construction of the power plant following decades of research, Igor Noveljić, CEO of…