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KOSTT, KfW commit to enhance cooperation

Published

January 15, 2016

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Published:

January 15, 2016

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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.

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