Vlora Thermo Power Plant, Albania – where is the electricity?
Publisher: CEE Bankwatch Network
Volume: 2 pages, pdf
Description:
In February 2003 the Albanian Council of Territorial Adjustment approved the construction of an Energy and Industrial Park in the coastal city of Vlora, in southern Albania. The park was to consist of a 97MW oil and gas-fired combined cycle thermo-power plant, a hydrocarbon terminal and the outflow for the Albanian Macedonian Bulgarian oil (AMBO) pipeline. The TPP, promoted by the Albanian Energy Corporation (KESH), was financed by the EBRD - (40 million EUR), the European Investment Bank (EIB - 40 million EUR) and the World Bank (20.5 million EUR).