TIRANA, July 11 – The Italian Development Cooperation has allocated Euro 90 million with the aim to adapt the system to European standards and to integrate it to the Balkan electric power network. The construction of Tirana 2 substation represents one of the infrastructure milestones envisaged by this program, besides the high voltage power line Elbasan-Tirana (already completed) and the Dispatching Center for remote control (in pipeline). The works, amounting to over Euro20 million, were carried out by Ansaldo T&D, an Italian company leader in the field of energy transmission and distribution. The substation is a facility designed to raise/lower the power transmission voltage in order to distribute electricity in an efficient manner and, at the same time, to supply neighboring countries in case of energy surpluses. The initiative has been conceived and implemented in conjunction with the Albanian counterparts, the transmission system operator (TSO) and the Ministry of Economy, Trade and Energy. The inauguration ceremony will be held later this month, says the Italian Development Cooperation.
Tirana 2 power substation to begin operations
Change font size:
Recommended Articles
Latest from Business & Economy
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
10 hours ago
4 mins read
Concrete, Cocaine and Corruption: Albania’s Fragile Growth Model
Change font size: - + Reset Albania’s Concrete Economy: How Construction Became the Country’s Dominant Growth Model Tirana Times, July 10, 2026 – A booming construction sector has made Albania an outlier
1 month ago
7 mins read
Austria Leads FDI, but Real Estate Tells the Bigger Story
Change font size: - + Reset Bank of Albania data show Austria topping first-quarter foreign investment flows, while property and construction continue to shape Albania’s FDI model. Tirana Times June 25, 2026
2 months ago
4 mins read
Albania’s Missing Generation: A Country Losing Its Future Before 2050
Change font size: - + Reset Tirana Times, June 22, 2026 – Albania is no longer facing a normal demographic decline. It is facing the possible disappearance of the very generation on
2 months ago
6 mins read
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