Devoll hydropower project includes the construction of two HPPs: Banja and Moglice, which should be built in Devoll valley and have combined power output of 256 MW with projected annual electricity generation of 729 GWh, thus increasing Albanian electricity production by some 17 %.
Devoll hydropower project hit a major milestone on 15 April, as the filling of Banja accumulation started. Speaking at the ceremony held to celebrate the completion of the accumulation filling, Albanian Minister of Energy and Industry Damian Gjiknuri said that this project will guarantee the future of Albanian electricity production.
Minister Gjiknuri reminded that after the completion of Banja dam and filling of the reservoir, this project envisages the construction of another dam and accumulation, adding that he believes that Norwegian Statkraft will complete the project on time. Banja accumulation should be 16 kilometers long and should hold about 391 billion liters of water. HPP Banja will be ready for commercial operation as soon as the filling of the reservoir is completed and trial operation is successfully performed.
Devoll hydropower project includes the construction of two HPPs: Banja and Moglice, which should be built in Devoll valley and have combined power output of 256 MW with projected annual electricity generation of 729 GWh, thus increasing Albanian electricity production by some 17 %. The project envisages the construction of the third HPP, but the decision on that investment will be made after the first two plants are completed. The value of the investment in the construction of two HPPs is estimated to 535 million euros. The project was initially co-owned by Statkraft and Austrian EVN. In early 2013, Statkraft acquired EVN’s stake and now is 100 % owner of the project, transmits Serbia-energy.eu
