Development of the energy sector - Rama: Investments in power plants and the electricity network guarantee energy independence
Achievements and plans for the development of the energy sector were the focus of a meeting held with investors in renewable energy sources, mining, and the hydrocarbon sector.
According to Prime Minister Edi Rama and Minister of Infrastructure and Energy, Belinda Balluku, plans to increase electricity generation sources and investments in the electricity grid will guarantee the country's energy independence.
According to the head of the Energy Regulatory Authority, the focus should be on the liberalization of the energy market.
During the event, details of the feasibility study for the construction of a pumping station by the company Devolli Hydropower, with an estimated value of 1.7 billion euros, were announced.
It was also announced that the new law "On the Mining Sector" will provide incentives for investments in this sector, while the goal for the future is to grow the processing industry for minerals extracted from the underground.
Meanwhile, as far as the hydrocarbon sector is concerned, the representative of the ENI company, in addition to exploration operations in the Dumrea block, said that the implementation of a pilot project for the production of biofuels will begin.
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