The energy improvements in Albania, supported through a Power Recovery Project, are due to a combination of new laws obliging payment of power bills, and other reforms, aimed at better investing the consequent boost in revenue.
Albania - Power Recovery Project
The World Bank’s Board of Executive Directors today approved US$150 million in IBRD financing for the Power Recovery Project in Albania.
TIRANA, August 8, 2014 — The World Bank and the Government of Albania successfully completed negotiations for a $150 million Power Reform and Recovery Project.
The energy improvements in Albania, supported through a Power Recovery Project, are due to a combination of new laws obliging payment of power bills, and other reforms, aimed at better investing the consequent boost in revenue.