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[Info] Ministry invites bids for PPP/concession deal on Vlora TPP

Albania's infrastructure ministry said it is inviting bids for a public-private partnership (PPP), or a concession contract, reviving the idled Vlora thermal power plant (TPP) and for the construction of a gas pipeline between Vlora and Fier to link the plant to the Trans Adriatic Pipeline (TAP). Albania plans to put into operation the Vlora TPP by feeding it with gas from the planned TAP, according to a master plan for the development of Albania's gas network posted on the ministry website. The proposed term of the agreement will be 20 years and the maximum funding made available is 7.2 billion lek ($66.8 million/58.5 million euro), the ministry said in a tender notice published by the country’s public procurement agency on Monday. The deadline for submission of bids is February 28. The construction of the $130 million Vlora gas-fired TPP was completed in 2011 but the plant was never put into operation over technical issues. The TPP, with a capacity of 97.167 megawatts, was built with financing provided by the World Bank, the European Bank for Reconstruction and Development, and the European Investment Bank.

Source: Scan TV

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