SHALA ENERGY SHPK in Albania is the development company, builder and operator of the 127,6MW hydro power plant cascade on SHALA River in the Northern part of Albania.
SHALA ENERGY SHPK holds all concession rights, granted by Albanian Government, for 35 years on construction and operation of the SHALA river cascade power plant.
SHALA ENERGY Sh.p.k, is a subsidiary of 3Power Energy Group USA (major Share Holder), Falak Properties UAE and Interenergo Albania Sh.p.k
Head: 134 m ; Capacity: 7.2 MW ; Energy: 32.4 mil. Kwh/year
Head: 94 m ; Capacity: 10.4 MW ; Energy: 45.7 mil. Kwh/year
Head: 128 m ; Capacity: 19.5 MW ; Energy: 91.4 mil. Kwh/year
Head: 128 m ; Capacity: 22.2 MW ; Energy: 101.8 mil. Kwh/year
BREG – LUMI Cascade
Head: 54 m ; Capacity: 8.3 MW ; Energy: 38.2 mil. Kwh/year
Head: 124 m ; Capacity: 60.0 MW ; Energy: 220.8 mil. Kwh/year
SHALA ENERGY SHPK is a concessionaire company in Albania granted concession rights for 35 years for the purpose of the construction of a hydro power plant on the Shala River.
SHALA River or Lumi I Shales is a river in Northern Albania that feeds itself from the Albanian Alps and runs for 376km
The company is set to construct 6 power plants on the river with a combined power of 127,6 MW set to produce 530,35 GW of each
The power plant cascade is scheduled to be constructed in two phases set for completion at the end of 2018. Phase 1 corresponds to constructing the first hydro power plant at Grunnasi, connecting it to the Albania national grid, and generating revenues by selling electricity to the local market.In Phase two of the project, the rest of the 5 power plants will be constructed and electricity will be sold in the local market as well as export to Balkan countries, Europe and Turkey. The company expects to receive a Power Purchase Agreement from an investment grade leading European entities prior to construction of Phase II.
Shala Energy is a concessionaire company in Albania granted concession rights for 35 years for the purpose of the construction of a hydropower plant cascade on the Shala River.