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The contract for the construction of the new 110/20kV Substation in Kamez is concluded

2024-03-28 13:09:15Biznes SHKRUAR NGA REDAKSIA VOX
The contract for the construction of the new 110/20kV Substation in Kamez is
The contract for the construction of the new 110/20kV Substation in Kamez is concluded

OSHEE Group announces a positive development for the residents of Kamza and surrounding areas, as work will soon begin on the construction of the new 110/20kV substation and distribution network, thus replacing the 40-year-old Valias substation.

After signing the contract with the winning company, the administrator of OSHEE Group, Enea Karakaçi, expressed his consideration for the importance of the project that increases the safety and quality of electricity supply for residents and numerous private entities, which exercise activity in the Kamëz-Vorë axis, of the district Tirana.

The contract signed today in the premises of the central offices of OSHEE, in the presence of the German side, financing the project, is part of Lot 2 of the agreement with KfW and has as its object "the construction of a green 110/20 kV substation in Kamez, on the outskirts of Tirana, as well as the rehabilitation, modernization and increase of the transmission capacity of the distribution booths that flow from this substation".

The duration of the works worth about 13 million euros is two years and foresees the transformation of the entire electrical network of Kamza, an area which, in recent years, has had urban and economic development.

Agreement with KfW
In the framework of improving the quality of services provided by OSHEE Group, increasing efficiency and consolidating the energy sector, the Albanian government, through financial cooperation with the government of the Federal Republic of Germany, managed to secure a loan from the KfW bank for the development of the project "Electricity Distribution Investment Program I", which includes the expansion and improvement of the electrical system in Tirana and Durrës counties in Albania.

"Electricity Distribution Investment Program I" is financed by the Loan Agreement between the Republic of Albania (represented by the Ministry of Finance and Economy), OSHEE sh.a. and KfW, approved by Law No. 41/2019 dated 20.06.2019 in the amount of 30,000,000 Euros and the Grant Agreement "Accompanying Measures", approved by VKM No. 311 dated 15.05.2019 in the amount of 2,000,000 Euros.

This Project supports Albania in its efforts to fulfill Sustainable Development Goal 7 "Affordable and clean energy". Furthermore, the project aims to strengthen the distribution network, which currently suffers from congestion in high-demand centers such as Tirana and Durrës, and to create a network that allows two-way electricity flows to accommodate energy consumers. renewables so that energy can be effectively directed to the main centers of demand.

The project will be implemented in Tirana and Durrës counties within the Tirana-Durrës corridor, where the two largest cities of Albania join in a metropolitan area, an area inhabited by more than two thirds of the population.


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