EBRD is investing €12.7m in Komani hydropower plant

EBRD is investing €12.7m in Komani hydropower plant

European Bank for Reconstruction and Development will allocate a €12.7million fund in the reconstruction project of Komani hydroelectric power station, a €70million value project. The project will take funds from the Albanian government and important international financial institutions.

The largest hydroelectric power station in Albania consists of three hydro cascades with an estimated power of 600MW. The Komani hydroelectric power station meets circa 65% of the Albania’s demand for electricity. Experts have claimed that the hydroelectric power station is corroded in its lower external part, but most of the damage was noticed during the heavy rainfall in 2010, when the water level at the Komani reservoir reached record levels.

“We are completing the removal of debris at the toe and the construction of the serpentine road which will improve access to the dam,” stated Astrit Beqiri, director of the Komani plant at the Albanian Power Corporation (KESH). Beqiri added that the project will start on march 2015.

The damaged parts of the hydropower plant and the urgent need for intervention were identified by a feasibility study, funded by SECO (Swiss State Secretariat for Economic Affairs).

News source: The Construction Index
Photo credits: Bocian & Tusia / Flickr 

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