TOP Analysis, Prognoses and News about Greek - Albanian Relations and the Region.
Friday, January 11, 2013
Albania: Kurum wins tender for 4 HPPs
TV Top Channel
The government has officially declared “Kurum” as the winning company of
the tender for the sale of four hydropower plants in Ulez, Shkopet and
two in Bistrica.
The Council of Ministers
approved the final evaluation report that declares the Turkish company
as winner in the tender for the privatization of two companies,
“Ulez-Shkozet” and “Bistrica 1-2”.
The government has added an
article in the agreement that obliges the Ministry of Finances to pay
all the obligations that the state has towards Kurum for reimbursing
This was imposed by the company during the negotiations at
the Ministry of Economy. Sources from the ministry say for Top Channel
that the administration owes Kurum 1.2 million EUR that will be settled
during the hydropower plant purchase payment.
In the tender held
last month, Kurum offered 109.5 million EUR for the purchase of four
HPPs with a capacity of 80 MW that produce 400-450 million KWh