Energy price growth depending on the credit interest for construction of “New Kosova”

The rise in the price of electricity, which will cause the loan that will be taken to build the “New Kosovo thermalx1>, according to Economic Development Minister Valdrin Luka, will only be able to neutralise KED's network investments to reduce losses, Koha Ditore writes today. At the conference where Luka [...]
At the conference where Luka has made contract a thousand pages for the construction of the “New Kosovo”, signed in December last year between the Government of Kosovo and the American company “Contour Global”, has not been able to show how this contract will affect citizens' bills. According to him, it will depend on credit interest that will be taken for construction, but also on the level of net losses.
According to him, the actual cost that would raise the bill is difficult to determine.
“They will become financial models to see what the cost will be, but I believe that if from today to the implementation of the KED project increases investments in the network and reduces all possible losses, it cuts off all the illegal connections that are on the grid where there is tremendous energy loss, with the new thermal power plant there won't be absolutely an increase of energy price”, Luka noted.











