Albanian Power Corporation

Its foundations started in 1957 with the creation of the General Directorate of Electric Power Plants (DPCE) as the only entity that realized the production, transmission and distribution of electricity to the consumer as well as the exchange with neighboring countries.

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 1992, DPCE was transformed into the state enterprise Albanian Power Corporation, and in 1995 it received the status of an anonymous company with all of its shares owned by the state.

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. With the subsequent developments, in 2004 KESH sh.a. was removed from the Broadcasting function that it performed until this period and the Broadcasting System Operator (OST) was created.

In 2007, the Distribution and Retail Supply function was separated from the KESH Company and the Distribution System Operator Company (DSO) was created. During 2015, KESH sh.a carried out the activity of Production, Wholesale Public Supply and Trading of Electricity. The Company's shares are 100% owned by the Albanian State.

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.