Wednesday, February 27, 2008

Albania Wraps Up 19.4 Mln Euro Overhaul of Key Hydropower Plant

- Albania has completed an overhaul worth 19.4 million euro ($28.5 million) of its key hydropower plant Vau e Dejes, the energy ministry said.

The five turbines of the 250-MW hydropower plant were reconstructed under a project launched in 2003. A control and monitoring system for turbine water flow and dam safety and civil works were installed, the ministry said in a statement posted on its website.

A total of 14.8 million euro for the overhaul came from donations, 1.4 million euro were government loan, while the remaining 3.2 million euro were provided by the state-run power utility KESH, which owns the hydropower plant.

The Vau e Dejes hydroelectric unit was built with Chinese technology and started operations in 1971. The plant was the first constructed on the river Drin, in the north of the country.

The revamp of the Vau e Dejes plant is part of a larger project worth some $50 million for the overhaul of all four hydro units that form the Drin Cascade.

Hydropower plants across Albania generate more than 95% of the country's electricity output.

Albania plans to import 2,215 GWh of electricity worth an estimated 201 million euro this year.

($=0.6804 euro)

Source: www.seenews.com