Significant increases in annual power load and new generation sources added to the Albanian grid have put a strain on the existing transmission system, leading to frequent interruptions in electricity supply to domestic and industrial consumers alike.
This investment project implements the Albanian part of the Albania - North Macedonia 400 kV power interconnection. The project is part of the European Commission’s initiative to establish an East-West electricity transmission corridor between Bulgaria, North Macedonia, Albania, Montenegro and Italy. This corridor is intended to allow for cross-border energy exchange, efficient use of existing/planned power capacities and better load flow balancing.
The investments include:
The EU has provided technical assistance for project preparation and co-funds the investments under the Connectivity Agenda through the WBIF.
WBIF | Grant | WB6-ALB-ENE-03 | € 850,000 |
WBIF | Grant | WB12-ALB-ENE-01 | € 600,000 |
KFW | Loan | € 50,000,000 | |
National Contribution | Own Contribution | € 14,044,054 | |
WBIF | Grant | WB-IG00-ALB-ENE-01 | € 17,920,973 |
Total | € 83,415,027 | ||
Total Grants | € 19,370,973 | ||
Total Loans | € 50,000,000 |