The first 3 projects to be financed by the European Union have been approved for our country. These are 3 important energy projects that will be financed through the new economic growth plan with 32 million euros.
Albania will benefit from another 32 million euros in grants from the European Union's growth plan for the Western Balkans countries. This concerns the financing of three projects in the energy system that will be financed through the Western Balkans Investment Framework.
Our country will receive around 13.6 million euros as a grant for the "Digitalization of the Power Transmission System" project, which includes 40 high-voltage substations across the country, thus increasing the capacity of the network and reducing losses. The funds for Albania were approved on June 27, 2025, while the project is expected to be completed in 6 years, on March 28, 2031.
The second project is the Rrashbull-Tirana line. It concerns the construction of a new 400 kV power transmission line, connecting the Fier-Hoxharë-Rrashbull substations, about 78 km long, the reinforcement of the Fier substation and the installation of a second transformer. The expansion to 400 kV and the reinforcement of the Rrashbull substation and the expansion and reinforcement of the existing Hoxharë substation with new transformers.
The total investment is worth 80 million euros, of which over 54 million will be loans, and the rest will be domestic investment and grants from the European Union, amounting to 8 million euros. The project is expected to be completed within this year, on December 24, 2025.
The reconstruction of the Fierza hydropower plant is the third project to receive support from the European Union with approximately 10.5 million euros in EU grant. The investment aims to extend the life of the hydropower plant by another 30 years, increasing efficiency by 4% and production by 10%. The project was approved in June 2025 and will be completed in July 2032.
Through the new economic growth plan, the EU has made €6 billion available to the countries of the region with the aim of transforming their economies. The plan foresees €2 billion in grants and €4 billion in loans with conditional payments for the Western Balkan partners to implement specific socio-economic reforms.
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