Alpiq Holding Ltd. (Alpiq Holding), a Swiss energy group, has won the bid together with Hydro Power Nord Albania to build hydroelectric power stations with a total capacity of around 80 MW on the River Curraj. Last year, in line with its plans to promote hydro power, Albania launched an international invitation to tender for several concessions for hydroelectric power stations. The River Curraj is situated in Northern Albania.

A final decision on the construction of the hydroelectric power stations will be made at a later stage.

Northern Albania is home to most of the country’s hydroelectric power stations with a total capacity of 1700 MW.

This engagement in Albania marks the start of Alpiq’s activities to harness the power of water in South Eastern Europe. Alpiq has extensive know-how in the field of hydroelectricity. For more than 100 years the company has been operating hydroelectric power stations in Switzerland, where it boasts a capacity of almost 3000 MW.