SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Latest in Investments
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Albania-Kosovo 400kV power link goes live

Jun 28, 2016, 8:27:10 PMArticle by Marina Mikhaylova
share
June 28 (SeeNews) - Albania inaugurated on Tuesday a 70 million euro ($77.4 million) 241.1 km 400 kV power transmission line linking the country with Kosovo.

Albania-Kosovo 400kV power link goes live
Albania's energy ministry/All rights reserved.

The 151.1 km-long Albanian part cost 29 million euro and was financed by a loan from German development bank KfW, Albania's energy ministry said in a statement.

The construction of the power line started in 2014. The Albanian section was built by Bosnian engineering company Energoinvest, while the 90 km section in Kosovo was built by Croatian power equipment maker Dalekovod and was also funded by KfW.

"This is a milestone not only in the integration of our energy markets, but also a milestone in the integration of our countries, in our economic integration and beyond," Albania's prime minister Edi Rama said at the inauguration ceremony.

Kosovo and Albania have so far been connected via a 220 kV link with a transfer capacity of around 200 MW currently. The new line is set to boost that capacity to around 900 MW, enabling increased exchange of electricity when some of the countries has not enough.

Almost all of Albania's power is produced by hydro power plants, while that of Kosovo comes chiefly from lignite coal. Both countries suffer power shortages due to insufficient output, ageing grids and thefts.

($=0.9041 euro)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.