Finland’s Poyry Wins 3.4 Mln Euro Site Supervision Deal for Two Hydro Power Plants in Albania

TIRANA (Albania), March 8 (SeeNews) – Finnish consulting and engineering company Poyry said it was awarded a 3.4 million euro ($4.6 million) site supervision contract for the Ashta run-of-river power plants in Albania by Energji Ashta Shpk, a subsidiary of Austria’s Verbund International.

The site supervision services will start this month and shall be completed in December 2012. The services cover the supervision of construction works and the assembling of electro-mechanical equipment on site, Poyry said in a statement posted on its website last week.

Poyry said it has already performed the conceptual, approval and tender design and has been performing the detail design services since November 2009.

The Ashta hydropower plants are located on the river Drin in the district of Shkoder in northwestern Albania. The power plants consist of two stages, Ashta I and Ashta II, which are the final power plant steps in a cascade of three existing power plants. The overall design capacity of the plants is over 50 megawatts and the forecasted annual energy generation is 230 gigawatthours (GWh).

Albania's hydro power plants, most of them built on the Drin, have a combined installed capacity of 1,670 MW. The Balkan country, which relies almost entirely on its water resources to generate electricity and meet domestic energy demand, produced 2,993 gigawatt hours GWh of electricity in the first half of 2009, up 50% from a year earlier, according to the latest available data.

Poyry has 7,000 experts operating in about 50 countries, locally and globally. The company’s net sales totalled 674 million euro in 2009.

($=7339 euro)

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