Albania - Green light for new power plant of Verbund and EVN

EnergyUtilities ♦ Published: August 20, 2010; 15:30 ♦ (Vindobona)

The EU's competition authorities have approved a joint power plant project of Verbund and EVN in Albania.

Albania - Green light for new power plant of Verbund and EVN / Picture: © Verbund AG

The EU's competition authorities have approved a joint power plant project of Verbund and EVN in Albania.

As announced by the EU Commission the two listed power companies were granted permission to erect the Ashta hydropower plant in northern Albania.

The merged project allows for joint control for EVN and Verbund over the project company Energij Ashta Shpk,…