KOSTT, KfW commit to enhance cooperation


January 15, 2016





January 15, 2016




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.

Related Articles


Geothermal power projects set to boom in coming years as 2021 investment tops EUR 1 billion

20 September 2021 - Investment in geothermal power generation projects is set to boom in the coming years, with...


Montenegro on the fence about TPP Pljevlja overhaul

20 September 2021 - The fate of the 225 MW thermal power plant (TPP) Pljevlja, which accounts for 40% of Montenegro’s electricity production, remains uncertain.


Fossil fuel firms sue countries over climate, environmental action

20 September 2021 - Fossil fuel companies are suing countries around the world, seeking more than EUR 15 billion in damages over climate, environmental action.

Serbia raises EUR 1 billion in its first green bond auction

Serbia raises EUR 1 billion in its first green bond auction

17 September 2021 - Serbia achieved the lowest annual coupon rate in its history, 1%, in the sale of its first green bond. The government raised EUR 1 billion.