Kosova

Kosova

Government set to build new power plant, even without WB support

Posted in 11 October 2018

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The paper reports in one of its front-page stories that even though World Bank Director, Jim Yong Kim, confirmed that this institution will not support the construction of a new power plant in Kosovo - Kosova e Re - the Kosovo government is determined to implement the project. Kosovo's Minister for Economic Development, Valdrin Lluka, told the paper on Wednesday that together with the investor Contour Global they will implement the project as scheduled.

"We will not make compromises to the detriment of electricity supply in our country. As Minister, I will not allow Kosovo to be dependent on energy import ... knowing that we have exceptional capacities to produce electricity, not only for our own needs, but for export too," Lluka said.

"Contour Global is securing funds for the project from different sources, such as state exporting agencies and international financial institutions". Zeri and Kosova Sot too report that the World Bank has confirmed that it will not support the construction of the new power plant.