The Albanian Ministry of Energy and Industry and the Italian government signed today an EUR 16.5 million agreement on behalf of a “Memorandum of Cooperation” for the energy sector.
The grant comes as the last portion of this memorandum reached between the two governments last year. The agreement was signed by the Minister of Energy and Industry Damian Gjiknuri and the Italian ambassador to Tirana, Massimo Gaiani. Present in the ceremony where also the heads of OST and OSHEE.
This grant will be invested in the transmission and distribution aspects of the electrical energy and the increase of efficiency in this sector. The Albanian Minister of Energy stressed the importance of the support from the Italian government in the implementation of several projects in the electrical energy sector in the country. “We will invest in Himara and Saranda cities in the transmission and distribution aspects, in order to improve the network in these touristic areas,” according to the Minister.
In turn, the Italian ambassador Massimo Gaiani declared: “With this grant we enclose projects which we started several years ago, at a total worth of EUR 93 million”. This grant will empower the energy potential in southern areas and will expand the data control system in all substations 110 KV. “These two projects will make the electrical energy system more reliable and integrated with the European one,” ended his word the Italian ambassador.
News source/photo credits: ATA