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Dec 13, 2017 15:59 EEST
TIRANA (Albania), December 13 (SeeNews) – Albania's state-owned power corporation KESH said it has sold a total of 47,710 MWh of electricity worth 1.75 million euro ($2.1 million) to be delivered in the December 12 -18 period.
KESH announced and concluded the auction on December 11, with the highest price offered set as the preferred criteria, according to the final report on bids posted on its website on Tuesday.
Thirteen domestic and foreign power suppliers and traders participated in the auction, as KESH selected six of them: EFT AG, GSA, HSE doo, PLC Internergo doo Beograd, N4T and GEN-I Tirana shpk.
The price ranges achieved in the auction were 11.11 euro/MWh to 25.35 euro/MWh for the first lot, 26.44 euro/MWh to 46.58 euro/MWh for the second lot and 38.06 euro/MWh to 45.1 euro/MWh for the third lot.
Almost all of Albania’s electricity is produced by hydro power plants.
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