Last update on 30.01.2021 15:13
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.
ROT concession contract (rehabilitation, operation, transfer) for the rehabilitation of the Labinot Mal - Elbasan hydropower plant in the municipality of Labinot - Mal, Elbasan district.The duration of the concession is 35 years.The Contracting Authority shall place for the benefit of the Concessionaire all physical assets free from any claim or encumbrance.The Contracting Authority guarantees the purchase of electricity by the concessionaire for the first 15 years of power generation if the concessionaire so requests.
The total value of the investment is 12'500'000 ALL, of which 4'800'000 ALL are investments in machinery and equipment.The concession fee is 2% of the energy produced. The value of reinvestment is 40% of the investment value for machinery and equipment. This value will be invested every 15 years.At the end of the concession period, the concessionaire must transfer to the Contracting Authority any assets or facilities constructed and rehabilitated.
At the beginning of its creation, the company was created with the object of activity: import - export of goods, textiles, construction products, hotels, tourism, etc. But, in v. 2005 has added to its activities civil construction, construction of works of art, construction of waste treatment plants, etc. In v. 2010, declares that the objective is the trade of electricity, while in 2012 it also declares itself as an electricity generation operator.On 06.06.2013, the company has decided to suspend its activity indefinitely, but on 10.12.2014 it has returned to Active status.
Saimir Qosja - 100% of the shares