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  1. Market Data
January 17, 2022

Fangut, Albania

By Carmen

Fangut is a 72MW hydro power project. It is located on Fan river/basin in Tirana, Albania. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in 2017.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Hydropower 72 72 Active Tirana, Albania Ayen Enerji

Description

The project is developed and owned by Ayen Enerji.

The net head of the project is 122.62m. The project generated 228.85 GWh of electricity. The project cost is $184.746m.

Development Status

The project got commissioned in 2017.

Contractors Involved

CKD Blansko Holding was selected as the turbine supplier for the hydro power project. The company provided 2 units of francis turbines, each with 36MW nameplate capacity.

Indar Electric supplied 2 electric generators for the project. The generator capacity is 40 MVA.

About Ayen Enerji

Ayen Enerji AS (Ayen Enerji), a subsidiary of Aydiner Insaat AS, is a power company that offers electricity generation, distribution, transmission and trading services. The company operates power plants and investment projects. Its investment projects include Albania Fan River Basin HPP Investments and Kalivac Hydro power plant. Ayen Enerji’s power plant projects comprise Korkmaz Wind Power Plant, Fangut Dam Residual Flow HEPP, Fangut Dam and HEPP4, Peshqeshit HEPP3, Akbuk Wind Power Plant, Yamula Dam and HEPP and Morodogan Wind Power Plant. It also carries out construction and management of hydroelectric power plants and wind energy power plants. The company has operations across Turkey. Ayen Enerji is headquartered in Ankara, Turkey.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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