Ministry of Infrastructure and Energy in Albania has announced that it awarded Voltalia a 30-year concession contract for 140 MW Karavasta solar project. An international and transparent tender was launched in January and delayed twice by the coronavirus outbreak and ensuing ban on travel.
Out of the 140 megawatts, half will be sold at EUR 24.89 (US$ 27.62) per megawatt-hour through a 15-year power sale contract with Albania State, with the other half to be sold through another long-term power sale contract negotiated in the market.
Country updates
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February 24, 2020
Tender for Karavasta solar project attracts over 20 interests
The Ministry of Energy and Industry of Albania has attracted over 20 companies for the construction, maintenance, and operation of a 140 MW solar power plant to be built in the Karavasta are...
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January 31, 2020
Albania launches tender for 140 MW solar project development
The Government of Albania, through the Ministry of Infrastructure and Energy, has launched a tender for the design, financing, construction, operation, maintenance, and transfer of a 140 MW solar...
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April 24, 2019
Turkish consortium withdraws from Vlora Airport project in Albania
The Turkish consortium comprised of Cengiz Construction, Kalyon Construction, and Kolin Construction, has withdrawn from the concession and development of the Vlora Airport in Albania.&...
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March 26, 2019
Kukës Airport concession awarded to inexperienced consortium
Ministry of infrastructure in Albania has awarded the reconstruction and operation concession of Kukës Airport to Bami and Global Technical Mechanics. Kukës Airport is 3.5 km...
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January 25, 2019
Unsolicited road PPPs to be outlawed in Albania
The government of Albania is in the process of passing a law that will prohibit the private sector from proposing unsolicited public-private partnership (PPP) concessions to build, operate, maintain a...
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