Tag: Albania

OSHEE recorded lower profit in 2017 – Albania, 6 July 2018

Albanian state-owned electricity distribution system operator OSHEE recorded a net profit in the amount of 14.4 million euros in 2017, which is significantly lower compared to net profit of almost 150 million euros recorded in 2016. The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) dropped to 46 million euros in 2017 from almost […]

Almost 85 % of TAP pipes laid into ground – Region, 6 July 2018

TAP AG, a company in charge of the construction and operation of Trans-Adriatic gas pipeline (TAP), said that it has put into ground around 85 % of pipes on the route of gas pipeline through Greece and Albania. According to the statement from the company, around 650 out of 765 kilometers of pipes have already […]

B.A.D. to build SHPP near Korca – Albania, 3 July 2018

Albanian Ministry of Energy said that the local company B.A.D. has applied for a license for the construction of a small hydropower plant (SHPP) near the town of Korca in southeastern Albania. According to the Ministry, the hydropower plant in question will have power output of up to 2 MW and will be built on […]