Albania is to see a new US$91.5M hydroelectric plant, according to officials from the country’s Ministry of Industry and Energy.

The Icelandic national power company, Landsvirkjun, has been awarded a 25-year, build-own-operate (BOO) concession on the 70MW Bratile project. The company out-bid four others to secure the deal.

The project will be constructed on the Devoll river in the village of Bratile, joining 10 other hydro plants on the river.