Tirana - Italy on Tuesday signed deals worth more than 2 billion euros (2.52 billion dollars) for two power plants in energy-starved Albania. Contracts for a thermal power plant near the southern city of Fieri for 1 billion euros and wind-powered generators for 1.15 billion euros at Vlora were signed during a visit by Italian Prime Minister Silvio Berlusconi.
The power generation facilities are expected to help Albania overcome a chronic shortage of electricity, which al leads to blackouts and brownouts with the arrival of winter.
Italian and Albanian business partners also agreed investments in a new cement factory for 160 million euros and the construction of a road for 33 million euros.
