Albanian Power Corporation

The cascade built on the Drin River Basin is the largest in the Balkans both in terms of installed capacity and the size of hydrotechnical works.

KESH) is a vertically integrated state-owned commercial company and is the main and most important producer of electricity in Albania.

The company KESH sh.a., in response to the dynamics of the development of the national legal framework, which aims to harmonize with the legislation of the European Union on energy, has undergone a series of fundamental transformations since 2000, transforming from a vertically integrated company (genesis from 1957), in a society today focused on the production and trading of electricity.

In 2001, the current Statute of KESH sh.a came into force, which, in accordance with EU legislation on the privatization of non-natural monopolies, provided for the division of basic functions, separating Transmission and Distribution from the company, leaving only Energy Production.

In 2016, KESH was "liberated" from the Public Wholesale function and focused on the production and trading of electricity as well as the maintenance and development of works.

is a joint stock company with capital owned entirely by the Albanian State (represented by the Ministry of Development, Economy, Trade and Free Enterprise) according to the act of establishment dated 17.10.1995, registered in the District Court of Tirana with Decision No.

The sole shareholder of the company KESH sh.a is represented in the General Assembly by the Ministry of Economic Development, Tourism, Trade and Entrepreneurship.

Mr. Ergys Verdho completed his higher studies at the Polytechnic University of Tirana, Faculty of Civil Engineering, "Structure" branch.

This is a continuous process, built according to the instructions of the Ministry of Finance - to identify and rank the risks according to their priority in relation to the achievement of the policies, goals and objectives of KESH sh.a., to assess the level of materialization of these risks as well as the impact they would have as well as for taking measures for their effective, efficient and economical management.

Cascade lakes create opportunities for the development of local ancillary economies (fishing, transport, tourism,).

The energy produced by Kaskada covers about 54% of the country's overall demand for energy and about 79% of the needs of tariff customers (households & public institutions) The cascade hydropower plants cover 100% of the needs of the Transmission System Operator for the auxiliary and balancing services necessary to maintain the safety and stability of the Albanian Electric Power System.