Albania to call second tender for hydropower plants privatisation on Nov 25.

By bne IntelliNews September 18, 2012
The Albanian economy ministry will call on November 25 a new international tender for the privatisation of four hydropower plants after its first attempt failed earlier this month when no bids for the sale arrived, th egovernments press office reported, quoting PM Sali Berisha as saying. The authorities plan to sell 100% of the Bistrica 1 and Bistrica 2 hydropower plants in southern Albania as well as the Ulez and Shkopet plants located on the Mat River. The plans, which have a combined installed capacity of 76.7 MW, were spun off from state-owned power utility KESH in 2011 prior to their offering for sale as an independent entity. Although a several companies have earlier expressed their interest to participate in the privatisation procedure, none of them filed an offer, requiring additional time to prepare their bids. Investors have requested detailed clarification of issues related to the Albanian energy market.
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