Over 20 Companies Eye 140 MW Solar Park Project in Albania

More than 20 international companies have entered the race for a contract for the construction, maintenance and operation of a 140 MW solar power plant in Karavasta area, near the southwestern city of Fier, energy minister Belinda Balluku said.

The Karavasta tender has attracted great interest from the largest companies in Europe and beyond, Balluku said in a statement last week, without elaborating.

In January, the energy ministry opened a tender for the construction of the solar park. The deadline for submitting bids in the tender is March 16.

The project is expected to have a total cost of around 100 million euro ($111 million) and a contract with the winner is expected to be signed in early May, Balluku said last month.