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 hydropower plants Belesova 1 and Belesova 2

The concession contract was concluded between the Ministry of Economy, Trade and Energy and the companies Belesova 1 shpk and Loti shpk.
The object of the contract is: financing, design, construction, commissioning, administration, maintenance of hydropower plants Belesova 1 and Belesova 2 in the reservoir of Belesova, Berat district. At the end of the concession period, the facilities will be transferred to the Contracting Authority.

Company
Korkis - 2009
Company Description
The company was established on 04.06.2009, with a share capital of 100'000 ALL. The company was created specifically to implement the concession contract. Its head office is at the address: Main neighborhood, Belesovë street, Belesovë Hydropower Plant.
Shareholders

Loti shpk - 1% of the shares
Belesova 1 shpk - 99% of the shares

Related Persons and Entities
Ramadan Toska - administrator (24.03.2015 - 24.03.2020)
Aurel Toska - administrator (14.01.2014 - 24.03.2015)
Ramadan Toska - administrator (04.06.2009 - 14.01.2014)

Location