Μytilineos on Friday announced that its Sustainable Engineering Solutions Business Unit (SES BU) has entered into a contract agreement with Operatori i Sistemit te Transmetimit Sh. a. (OST) for the development and execution of a 400kV network in the Republic of Albania, ANA reports.
In an announcement, Mytilineos noted this is a strategic energy project for Albania that will aid the country to effectively participate in the future in the European energy markets.
The given project is scheduled to be completed within 24 months, in addition to 12 months for the warranty period and the contract value for MYTILINEOS amounts to 21,173,500 euros.
It is co-financed by the Federal Republic of Germany through KfW and by the European Union within the Western Balkans Investment Framework
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