Europe: TTF gas prices...

In late October 2025, TTF gas futures remained relatively stable, trading in the...

Region: SEE power prices...

During Week 44 of 2025, electricity prices in Southeast Europe (SEE) declined slightly...

Romania: Econergy secures €25...

Israeli renewable energy company Econergy Renewable Energy has secured a €25 million project...

Montenegro: EPCG completes modernization...

Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit...
Supported byClarion Energy
HomeSEE Energy NewsNorth Macedonia: MEPSO...

North Macedonia: MEPSO terminates contract with Energoinvest for 400 kV interconnection project with Albania

The North Macedonian electricity transmission system operator MEPSO has announced the termination of its contract with Bosnian company Energoinvest for the construction of a 400 kV electricity interconnection with Albania. MEPSO stated that the decision was due to the contractor’s failure to meet its obligations and its requests for additional payments, which hindered the resolution of the project.

The original contract, valued at 17.2 million euros, was signed in February 2020 with a completion deadline of 30 months, which expired on May 30, 2023. However, MEPSO reported that only 24 out of the planned 269 pillar foundations were completed, and 51.2% of the required equipment had been delivered by the deadline.

MEPSO further stated that it will soon issue a new tender to select a contractor to complete the interconnection project. Currently, Albania is the only neighboring country without an electricity interconnection with North Macedonia.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: TTF gas prices remain stable around €31–32/MWh as European demand and LNG growth slow

In late October 2025, TTF gas futures remained relatively stable, trading in the €31–32/MWh range. The completion of maintenance at Norway’s Troll gas field and forecasts of mild, windy weather through mid-November were the main factors supporting steady prices. On...

Region: SEE power prices ease in Week 44 as demand and renewables decline

During Week 44 of 2025, electricity prices in Southeast Europe (SEE) declined slightly compared to Week 43, driven by milder weather and reduced demand. Despite the drop, most SEE markets maintained average weekly prices above €100/MWh, with the exception...

Romania: Econergy secures €25 million financing from Vista Bank for 56 MW solar project

Israeli renewable energy company Econergy Renewable Energy has secured a €25 million project financing agreement with Vista Bank Romania to support its 56 MW Scurtu Mare solar power plant located in Teleorman County, southern Romania. The new financing facility will...
Supported byVirtu Energy
error: Content is protected !!