Devoll Hydropower Sh.A.
Devoll Hydropower Sh.A. (DHP) is an Albanian registered company, owned and operated by Statkraft.
In line with the Concession Agreement signed with the Government of Albania and approved by the Albanian Parliament in 2009, DHP is responsible for the implementation and operation of Banja and Moglicë hydropower plants, part of the Devoll cascade along the Devoll River, in southeast Albania.
DHP currently is operating Banja HPP and Moglice HPP, generating & trading renewable electricity. DHP integrates the vision and values of Statkraft, with a special focus on Health, Safety and Environment. DHP is committed to operate with high standards of integrity.
DHP has its offices in Tirana and Banja, and also operates a Public Information Office in Banjë. You are welcome to visit us and obtain further information in relation to our activities.
The DHP Concession Agreement with the Republic of Albania is based on a BOOT model. The Concession was signed with the Government of Albania on 19.12.2008 and was ratified by the Albanian Parliament through the Law no. 10083, date 23.02.2009, amended.
BOOT stands for:
B - Build: Construction of the hydropower plants.
O – Own: After construction, DHP is the owner of the power plants and is be responsible for their maintenance.
O – Operate: DHP operates the power plants to produce hydroelectric, environmentally friendly energy.
T – Transfer: After fulfilling the Concession Agreement obligations, the ownership of the power plants will be transferred to the Republic of Albania.