Monday, December 11, 2017 6:57:44 AM
Our Projects vs. Ashta aka the "most successful hydroproject in Albania"
Bottom line: Our projects will have 165% more output (and revenue) for only 5% more cost than Ashta.
The Ashta hydro project is self proclaimed as the "most successful concessionary hydropower project in Albania" (http://www.energji-ashta.al/?id=1). Ashta became operational in 2012, with an installed power of 53 MW, producing 242 KWh annually. Total investment was over 200 million Euro.
Our Shala and the unnamed "shovel ready" projects will have total installed power of 167 MW that will produce almost 643 KWh annually. Total investment will be 210 million Euro (http://www.3power-energy.com/images/announcement-2017.pdf). Note: while we've only been given output of 321 KWh on the main Shala project of 83 MW installed power, we can safely assume that the other 83 MW "shovel ready" project will provide similar output.
What does this comparison tell us? MORE BANG FOR THE BUCK! 165% more electricity to sell than Ashta (643 KWh vs. 242) for only 5% more investment (210M Euro vs. 200). This a HUGE return on investment compared to the "most successful hydro project in Albania" to date!
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