Today: Aug 21, 2026

Albania invites bids for 52 million USD upgrade of 6 power substations

1 min read
17 years ago
Change font size:

TIRANA, June 26–Albania’s State Power Corporation (KESH) announced an invitation for bids for equipment upgrades at six transmission substations that are crucial to the operation of the country’s network and its participation in the regional energy market.
The USD 52-milllion project financed by a loan from the European Bank for Reconstruction and Development (EBRD) is due for completion by September 30, 2011.
It will assist Albania in achieving greater integration with the European Union as planned under a treaty leading to a single electricity market.

The project’s components are as follows:
Equipment for 220 kV Elbasan 1, Fier, Tirana 1 substations and control, monitoring and protection (CMP) system for Fier substation.
Equipment for 220 kV Fierza HPP substation and CMP system for Fierza, Komani and Vau Dejes HPP substations.
Equipment and CMP system for 220 kV Burreli substation and 400 kV Elbasan 2 substations.

Tendering for the last two parts of the project is expected in the third quarter of 2009.

Latest from Business & Economy

Prime Minister Rama, Former Deputy PM Ministedr Balluku and Mr. Bexhet Pacolli
Prime Minister Rama, Former Deputy PM Ministedr Balluku and Mr. Bexhet Pacolli

Vlora Airport Heads to Arbitration

Change font size: - + Reset Albania faces another potentially costly international dispute after losing several arbitration cases in recent years that have exposed the state to hundreds of millions of euros
2 weeks ago
4 mins read
The Chief Executive Officer of OTP Bank Albania, Mr. Bledar Shella, described this investment as a reflection of the bank’s vision to build long-term and sustainable relationships with its clients.

OTP Bank Albania inaugurates new Private Banking premises in Tirana

Change font size: - + Reset Tirana Times, May 18, 2026 – OTP Bank Albania has inaugurated new premises dedicated to the Private Banking segment, unveiling an exclusive space designed for clients
3 months ago
2 mins read