The final contract for the construction of the first major Thermal Power Plant (TPP) in Albania was signed, local media reports citing representatives from the Albanian Power Corporation (KESH).
The new plant will be situated near Vlore. The construction works are scheduled to start in February. The plant will have a capacity of 100 MW and and the cost of the investment is seen at EUR90 million. KESH said that the plant will operate in 2008.