KESH previously announced it would seek bids for substation equipment for the Albanian transmission grid and several hydroelectric projects. (HNN 12/11/06) KESH applied for a loan from the European Bank for Reconstruction and Development to help fund US$52 million in substation rehabilitation.
Koncar, of Albania, was chosen for the 17.4 million euro (US$22.3 million) contract over the only other bidder, a consortium of Samsung C&T Corp. and Hyosong Corp. The work is to require 20 months.
Work includes supply and installation of equipment for Elbasan 1, Fier, and Tirana 1 substations, and control, monitoring, and protection system for Fier; and supply and installation of 120-megavolt-ampere autotransformers for Elbasan 1.