Construction of Lubonja hydropower plant

Concession contract in the form of BOT (construction, operation, transfer) for the construction of the Lubonjë hydropower plant, on the Lubonjë River, Korçë district.
The contract was concluded between the Ministry of Economy, Trade and Energy and Alb Agron shpk and Xhengo shpk.
At the end of the concession period, the company will return the object to the Contracting Authority. The duration of the concession is 35 years.
The total value of the investment is 39'000'000 ALL, of which 10'000'000 ALL are investments in machinery and equipment.
The concession fee is 2% of the annual electricity production which the concessionaire must pay to the Contracting Authority.
The Concessionaire will reinvest 60% of the investment value for machinery and equipment starting from the 25th year.
The Concessionaire may subcontract its services to third parties only with the prior approval of the Contracting Authority and for not more than 50% of the investment value.