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Albania offers incentives for liquid gas-fired thermal power plants as TAP nears completion

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8 years ago
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TIRANA, Nov. 14 – Albania is targeting to offer public private partnership incentives for the construction of new hydro and liquid gas-fired thermal power plants, worth more than €100 million as the major Trans Adriatic Pipeline, already in its peak construction, is on track to bring first Caspian gas flows to Albania and Europe by 2020. In some amendments to the current PPP law, the ruling majority proposes fast-track procedures in providing PPP permits for the construction of new hydro and thermal power plants with an installed capacity of more than 2MW and investment value of more than €100 million….

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Story Highlights

  • In some amendments to the current PPP law, the ruling majority proposes fast-track procedures in providing PPP permits for the construction of new hydro and thermal power plants with an installed capacity of more than 2MW and investment value of more than €100 million

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