Albania Hydro
The new priatisation law looks like it is still manageable, there was a heated debate in Albania whether to keep the plants state owned or privatise, looks like they compromised.
And below that more current info on hydro concessions in Albania.
Hope we are in on these. I would gather even if we lost the Rudana agreements 3Power would still be bidding on some of these.
Hydropower Plants Privatisation Law
Through the Hydropower Plants Privatisation Law, Parliament approved the creation of three new state-owned companies, which will have as their main assets five hydropower plants in the Albanian territory (joint stock company HEC Ulëz-Shkopet for the Ulëz and Shkopet hydropower plants; joint stock company HEC Tirana Lanbregas for the Tirana (Lanabregas) hydropower plant; and joint stock company HEC Bistrica 1 and 2 for the Bistrica 1 and 2 hydropower plants). These three companies have been created with a view to their future privatisation. At the beginning of the process, all three companies will be 100% state owned by the Ministry of Economy, Trade and Energy.
According to the new law, the privatisation does not include the water basins for these hydropower plants, which will remain state public property. The companies will have the right to use only respective water resources, as regulated by the law. The law opens up two different possibilities for the plants:
• transfer of the share ownership rights to third parties; or
• development of the plants through a concession agreement.
A concession agreement would partially satisfy the opponents to privatisation, since - even if privately used - the plants would remain national property.
Albania to award concessions on two hydropower plants.
Albania Today
July 29, 2011
Albania?s government has decided to award concessions on Lashkize 1 and Lashkize 2 hydropower plants, the government said on its website. The economy ministry will call a tender to select an investor for the plants that will be awarded a build, operate, transfer (BOT) contract. Albania?s power generating sector is highly dependable on water resources with some 98% of the total energy produced by hydropower plants. The output of privately-held small hydropower plants in Albania increased by 78% y/y to 159mn KWh in 2010, but still accounted for only 2% of the country's energy generation.
Albania to call tenders for concession of three hydropower plants.
Albania Today
August 4, 2011
The Albanian economy ministry will call a concession tender for construction, operation and transfer of hydropower plants Quku 1, Quku 2 and Shutri, the government said on its website. The companies Di-Stafa, Pashkashesh and Arilta B have been awarded with 2 bonus points towards their assessment in the tender. Albania?s power generating sector is highly dependable on water resources with some 98% of the total energy being produced by hydropower plants. The output of privately-held small hydropower plants in Albania increased by 78% y/y to 159mn KWh in 2010, but still accounted for only 2% of the country's energy generation.
Copyright 2011 Written by IntelliNews, Internet Securities, Inc - Albania Today.A Euromoney Institutional Investor Company.All Rights Reserved
Albania Today
Albania Today
August 11, 2011
Electricity generation in 14 small hydropower plants will be launched by end-2011, Albanian Daily News reported, quoting an economy ministry official. The new plants will have a total combined installed capacity of 50MW. Meanwhile, the ministry plans to award more hydropower concessions, as part of the government?s strategy to boost the local energy production sector. As noted, authorities called tenders for 5 BOT concessions only during the last couple of weeks. Albania?s power generating sector is highly dependable on water resources with some 98% of the total energy being produced by hydropower plants. The output of privately-held small hydropower plants in Albania increased by 78% y/y to 159mn KWh in 2010, but still accounted for only 2% of the country's energy generation. Currently, a total of 287 hydropower plants are operating in Albania, including 8 large and 269 small facilities with capacity of bellow 15MW.
Copyright 2011 Written by IntelliNews, Internet Securities, Inc - Albania Today.A Euromoney Institutional Investor Company.All Rights Reserved
Albania Today
