Tag: hydro

Applications for three SHPPs received – Albania, 05 November 2018

Albanian Ministry of Energy and Infrastructure said that it has received three applications from local companies for the construction of small hydropower plants (SHPP) in Gjirokastra and Korca region in southern Albania. Local company Afrimi K plans to build a SHPP on a tributary of Drino river i Full article available for subscribers of Energy […]

Hidroelectrica recorded gross profit of 425 million euros – Romania, 06 November 2018

CEO of Romanian electricity producer Hidroelectrica Bogdan Badea announced that the company recorded net profit in the amount of almost 425 million euros in the first nine months of 2018, which is more than gross profit recorded in entire 2017 (343 million euros). Despite the drought that started Full article available for subscribers of Energy […]

Parliament approved World Bank loan for dam safety project – Albania, 21 September 2019

The Albanian Parliament approved an additional 12 million euros worth loan from the World Bank for financing the project for increasing the safety of the dams on the Drin and Mat river cascades in northern Albania. The loan was approved by the World Bank in May. The statement from the Bank said Full article available […]