Tirana water supply company buys Lanabregas HPP

TIRANA, May 8 – Tirana’s water supply and sewerage company has bought the state-owned Lanabregas hydropower plant for Euro 15 million in an effort to reduce its power costs, the Economy Ministry said this week.
“The Tirana Water Supply and Sewerage is the only company in Albania and the first to make such a purchase which will help meet its electricity needs in all resources and pumping stations, at the Bovilla plant,” said Sahit Dollapi, the company’s director.
The purchase secured through a loan will also help the company provide uninterrupted water supply as power expenditure won’t be included in calculating consumer prices.
Economy Minister Nasip Naco announced the tender for the privatization of four other small and medium-sized HPPs of Ulez, Shkopet, Bistrica 1 and Bistrica 2 will open from June 4 to 6, 2012.
Situated in suburban Tirana, the Lanabregas hydropower plant annual generation capacity is 37,000 MWh.