News

KOSTT, KfW commit to enhance cooperation

Published

January 15, 2016

Comments

comments icon

0

Share

Published:

January 15, 2016

Comments:

comments icon

0

Share

Mustafë Hasani, chief executive of KOSTT – Transmission, System and Market Operator JSC, met Esther Gravenkötter, director of German KfW Development Bank’s Kosovo* office. They discussed the progress regarding the implementation of KOSTT’s projects financed by KfW as well as regarding further cooperation between the two institutions, the operator said on its website.

Hasani expressed his interest to further enhance cooperation with KfW, as a strategic partner for the development the local transmission system. Gravenkötter informed him that energy holds the primary focus for KfW financing, as it was the case to date, with 70% of investments directed to this sector, and expressed her readiness to support KOSTT in new projects to ensure further development of the electricity transmission system in Kosovo*.

Hasani handed an appreciation to Gravenkoetter for the financial contribution of KfW in the implementation of projects, in particular the on for the construction of the 400 kV interconnection line between Kosovo* and Albania.

* This designation is without prejudice to positions on status and is in line with UNSCR 1244/99 and the ICJ Opinion on the Kosovo declaration of independence.

Related Articles

PV plant Maglizh 160 MW in Bulgaria test phase

PV plant Maglizh of 160 MW in Bulgaria to enter test phase

10 December 2024 - The Maglizh photovoltaic facility of 160 MW in peak capacity is nearing the test phase, after overcoming complex issues in development

Greece exports one third of its electricity to neighboring countries

Greece exporting one third of its electricity to neighboring countries

10 December 2024 - Greece has become a net exporter of electricity, providing up to a third of its daily production to neighboring countries

EU industry electricity Eurelectric CEFIC European Aluminium Antwerp Dialogues

Electricity producers, consumers suggest six measures to strengthen competitiveness of Europe’s industry

10 December 2024 - This year, for the first time, Eurelectric came together with representatives of energy-intensive sectors CEFIC and European Aluminium in the Antwerp Dialogues

HUPX merges into regional power exchange ADEX

HUPX merges into regional power exchange ADEX

10 December 2024 - ADEX Group completed the merger with Hungarian Power Exchange (HUPX), becoming its sole shareholder. The holding includes BSP and SEEPEX