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Wednesday, 09/13/2017 5:51:19 PM

Wednesday, September 13, 2017 5:51:19 PM

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NEWS FOUND Time to Rise and Shine everyone

11 September 2017 - 17:29 | updated at 21:03
HEC $ 100 mln on Shala River
known as the "Thailand" of Albania

PHOTO / Natural pearl that risks disappearing
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PHOTO / Natural pearl that risks disappearing
PHOTO
Recently, some impressive photos from a river in North Albania can be seen on social networks, whose images are compared to those in Thailand.

It is about the Shala River, which has become the main tourist attraction of this year with an increasing attendance rate.

For all those who have visited the impressions are the most impressive ones, while those who have not yet been well visited would have to do it as soon as most of them will be overwhelmed by concessions.

There is already a concrete project with three winning companies announced by the Ministry of Energy and Industry.

HEC-I over Shala 100 million USD
The Ministry of Energy and Industry yesterday announced the concession winners for the hydropower plant on the Shala River. Referring to the investment value but to the installed power it seems to be one of the biggest hydropower plants in the country. The winning company is a temporary merger of the companies "Çinar-San Hafriyat Nakliyat Insaat Turizm Sanayi Ve Ticaret LTD.STI", "Shala Energy PLC" and "Falak Properties LLC".

Data on HPP
The installed power specified by the calculator is expected to be 83,450 kW, with an electricity output of about 321,465,632 kWh. The amount of Fees offered for concessions is 2.1% (6.750.778 kWh) and the time of implementation of the works 36 months. The value excluding VAT is 11,239,204,263 Lek.

The interest for hydropower utilization is for the Shala River waters, between the quotas 486 meters above sea level up to 176.00 meters above sea level, which is also the maximum quota of the Komani reservoir, respecting the technical conditions of design and non-violation of objects that are planned to be built in this watershed.

The Shala River on which is planned to build the hydro power plant is one of the Drini River branches that supplies the Drina cascade, which is the most important energy works in the country, providing over 90% of the energy in the country.

Top/PSPW

There are also HEC-I Gojan and Bushtrica 1
The Ministry of Energy announced that it has announced the winners for the Bushtrica 1 hydropower plant, which was for more than two months appealed to the Public Procurement Commission. According to the winning announcement for this concession is the company "Doko" sh.pk with an investment value of 506 million ALL without VAT, while the installed power will be 4220 Kw.

For the winning Gojani Hydro Power Plant was announced "MC Inerte" sh.pk with an investment value of 1.9 billion ALL.

Winning companies for three HECs should submit additional documents to the ministry to open the way for signing the final contract. / Monitor

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Top/PSPW

All of my posts are my opinion only and are not meant to be investment advice.