Albania’s KESH invites bids for power exports for April 16-30 delivery

Author: Oran Viriyincy. License: Creative Commons, Attribution-ShareAlike 2.0 Generic.

TIRANA (Albania), April 13 (SeeNews) - Albania's state-owned power corporation KESH said on Friday it is inviting bids for exports of up to 123,000 MWh of electricity for April 16-30 delivery.

The bidding deadline is April 13 and the preferred criteria will be the highest price offered, KESH said in a request for proposals.

The electricity will be offered for delivery in four lots from Monday through Sunday, KESH added.

On March 28, KESH said it sold a total of 288,000 MWh of electricity worth 8.5 million euro ($10.5 million) for delivery in April. A price range of 28.67 euro/MWh to 30.20 euro/MWh was achieved in the auction.

Albania produces 98% of its electricity at hydro power plants, most of it from three power plants along the Drin River, in the northern part of the country.

($ = 0.81023 euro)

More stories to explore
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription