loan

The Council of Ministers has approved the loan agreement between Albania and the International Bank for Reconstruction and Development for the second extension of the project to finance dam safety. This loan amounted to 12 million euros…

The government wants to change the loan agreement for Albania-Kosovo 400 kilovolt transmission line, aiming to postpone the disbursement deadline by KfW until 30 December 2018. The purpose of this extension is the realization of a…

The European Investment Bank on Tuesday approved a 1.5 billion euro loan for the Trans-Adriatic Pipeline (TAP), part of a $40 billion project to bring new gas supplies to Europe. The European Union is trying to reduce its dependence on…

A draft law on the support for the power sector has been submitted to the Parliament, with the aim of increasing the electricity transmission capacity. The draft provides for the granting of a loan for the project “400 kV transmission…

The World Bank’s Board of Executive Directors today approved US$150 million in IBRD financing for the Power Recovery Project in Albania. The project will support Albania’s power sector reforms, particularly to improve the reliability of the…

Corporation (IFC), a member of the World Bank Group, announced on Thursday to support energy sector and growth of the steel industry in Albania through providing a long-term loan for the main producer of iron and steel in the country.…

€25 million EBRD loan to transmission system operator The well-functioning transmission of electricity is a precondition for a modern economy. In order to strengthen the Macedonian electricity sector and the country’s overall economy,…

The EBRD is helping the Western Balkans switch to green power, guarantee secure and stable access to electricity and cut carbon emissions. Electrical outages and insecure power supplies are likely to become a distant memory in the…