Albania's Public Private Partnerships

Find out contracts, concession companies and funding sources

Database of concession projects and Public Private Partnerships signed by the Albanian government during the period 2004-2020.

Construction of Cangonj hydropower plant

The concession contract was concluded between the Ministry of Economy, Trade and Energy and the companies Favina shpk and Favina 1 shpk.
The object of the contract is: financing, design, construction, commissioning, administration, maintenance of the Cangonj hydropower plant in the course of the Ventok irrigation canal, Korça district. At the end of the concession period, the facilities will be transferred to the Contracting Authority.

Documents
Cost of Investment
1+ Million €
Concession Category
Natural Resources
Concession Subcategory
HEC
Contract Date
20.05.2013
Concession Duration
35 years
Contracting Authority
Ministry of Economy Trade and Energy
Procurement Procedure
Unsolicited proposal
Source of Funding
Clients
Company
Hidrocentrali Cangonj
Company Description
Object of activity: to implement the concession contract. The company was established on 31.05.2013. Its capital is 70'000'000 ALL.
Shareholders

Favina shpk - 51% of the shares
Favina 1 shpk - 49% of the shares

Related Persons and Entities
Adnan Qylafi - current administrator (31.05.2013 - 04.06.2023)

Location

BIRN Albania

BIRN Albania - Concessions Database

This page and its contents are a product of the Balkan Investigative Reporting Network in Albania – BIRN Albania. The content is available under the international licence Creative Commons Attribution 4.0

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