Albania awards waste-to-energy BOT project
Albanian Ministry of Environment has awarded to the private company Integrated Technology Services the contract to build and operate a waste-to-energy (WtE) plant near the city of Fier.
The project worth €27.7 million (US$29.4 million) will be operated by the company under a six-year concession contract. According to sources, Integrated Technology Services was the only bidder for the project.
The main objective of the project is to improve the management of integrated urban solid waste and transforming it into electricity, processing 180 up to 200 tons of solid wastes per day with an output of 3.8 MW.
The plant which will solve the problem of waste once and for all by processing 70,000 tons per year, will be built near several villages. This has raised some misgivings among their inhabitants, who claimed the project is hazardous to people's health.
Integrated Technology Services and waste transportation services company Ndertim Montimi Patos hold 70 and 30 per cent stake respectively in the project company.
Country news
-
-
December 09, 2015
Statoil to divest interest in Trans Adriatic Pipeline for EUR 208 million
Statoil has agreed to sell its 20% interest in Trans Adriatic Pipeline AG to the Italian gas infrastructure company Snam SpA for a total consideration of €208 million. The total consideration will be adjusted at closing. Read more -
October 01, 2014
Enagás and Fluxys acquire stakes in Trans Adriatic Pipeline (TAP) project
Enagás and Fluxys have signed an agreement to acquire 19% of Total and E.ON's stake in the company that is developing the Trans Adriatic Pipeline (TAP) project, in which Enagás will hold a 16% stake. Read more -
October 17, 2014
Trans Adriatic Pipeline tenders EPC contract
Trans Adriatic Pipeline AG (TAP) has issued the first major invitation to tender (ITT) for the construction of the onshore section of the pipeline. Read more
