Power Sector Generation & Restructuring Project
Sector: Power Generation (CCGT) • Location: Albania
Source: World Bank Group
The development objective of the project is to achieve significant improvement in power system performance through (i) priority investments to increase domestic thermal generation, and (ii) measures to implement sector reforms and institutional strengthening. The project has the following two components: Component 1) The main component is a combined-cycle power station fueled by distillate oil at
- Status
- Closed
- Sector
- Power Generation (CCGT), Oil and Gas, Natural Gas, Geothermal, Commercial, Government
- Location
- Albania
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | closed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The development objective of the project is to achieve significant improvement in power system performance through (i) priority investments to increase domestic thermal generation, and (ii) measures to implement sector reforms and institutional strengthening. The project has the following two components: Component 1) The main component is a combined-cycle power station fueled by distillate oil at a six-hectare Greenfield site about six km north of Vlore adjacent to an offshore oil tanker terminal. The plant would be designed to allow conversion to natural gas if and when imported gas is brought to Albania. The plant size would be 85 MW - 135 MW depending on the evaluation of bids, which would be requested for this range of plant size. The project cost includes USS 3 million for the needed refurbishment of the existing oil tanker terminal and US$ 4.4 million for a connection to the Albanian transmission system at the planned Babica 220/110 kV substation located seven km away. Component 2) consists of technical assistance to KESH for: bid evaluation, contract administration and supervision of project implementation; formation of a subsidiary company of KESH to own and operate the plant, preparation of a power purchase agreement, and assistance in procuring the services of an operator for an initial period; follow-up studies required by the Environmental Management Plan; examination of the option of soliciting bids to supply gas to the plant and, if this option is considered feasible, preparation of the bid documents and assistance in the procurement process; power sector reform; consumer satisfaction surveys; improvements in inventory control; and training in procurement and environmental management. |
Original sector | FY17 - Energy and Extractives |
Budget |
Location
Country | Albania |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Oil and Gas, Natural Gas, Geothermal, Commercial, Government |
Article published date | 2025-12-17 |
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