India Power Corp wins tender for 100 MW solar PV project in Albania

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Albania’s Ministry of Infrastructure and Energy launched a tender for the construction of a 100 MW solar park on August 2018. Among the six bidders, India Power Corporation, FZE and Midami Limited has won the bid.

The EUR70 million (US$80 million) facility located in Akerni area, near the city of Vlora will sell the 50 MW to the state-owned distribution system operator OSHEE at a fixed price of EUR0.0599/kWh (US$0.0688/kWh) over 15 years, while the remaining 50 MW will be sold to the market. 

The construction of the solar farm is set to be completed in 18 months after the signing of the contract between the consortium and the Albanian government.

List of the country updates

Country updates

  • August 03, 2018

    Albania's MIE launched tender for 50 MW solar project in Akerni developer

    Albania’s Ministry of Infrastructure and Energy (MIE) has launched a tender process to develop a 50 MW solar photovoltaic project located in Akerni Area, Vlora. The construct...

    Read more
  • July 16, 2018

    BE-IS, EL-PROM JV won hydropower project in Dibra

    The joint venture of BE-IS & EL-PROM has won the development of the 13.917 MW Veleshice hydropower plant (HPP) located near the northeastern town of Dibra, Albania. The 928 mi...

    Read more
  • June 14, 2018

    The Albanian energy ministry has signed a concession contract with Ayen Enerji & Fusha for the construction and operation of the project

  • June 04, 2018

    The Ministry of Energy and Industry awarded Ayen Enerji & Fusha the contract for the development of the project

  • April 25, 2018

    Albania's energy ministry has received an application for a building permit for the project

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