The diaspora vote count is continuing, VV achieves the 53rd term, PDK remains at 22, LDK falls to 18
2 hours agoNew Kosovo project contract is made public, Minister Luka gives details
Periskopi(8 years ago)
(8 years ago)Minister of Economic Development Valdrin Luka today has publicised the commercial contract for the TC Kosovo and New Kosovo project. contract for project T C Kosova e Re is signed by the Government of Kosovo and investor “Contour Global”. Minister Luka has said the contract will be placed on the ministry's website and will [...]
contract for project T C Kosova e Re is signed by the Government of Kosovo and investor “Contour Global”.
Minister Luka has said the contract will be on the ministry's website and will be displayed in all other possible forms, Periscopi broadcasts
He has said the contract has changed nothing from what was signed before the new year.
This week we've managed to secure it, and before you I have the final contract, over 1,000 pages of all citizens have open access to the contract that will be distributed in all forms, on the Ministry Web site, and we'll discuss in the coming days every question we have about that” contract. I believe that any agreement signed by me will be public. She said Luka.
The price is hard to say how much factors such as credit conditions will influence because 70% will be in the form of loans, and credit interest plays a role in energy costs are to find a loan financed by countries such as Japan that have soft interest rates or no interest at all. The capital cost in the form of loans is estimated at 8.5 to 9% because we have calculated the most expensive side, everything below 9% will positively affect the cost of generation, and if it goes on that price we have to stop from this” contract.
It shows that KEK is constantly reducing staff to the most effective. But according to him, a large portion of the workers will find work opportunities at the New Kosovo thermal power plant.
A portion of them will find opportunities at the Kosova e Re thermal power plant, and there will be no problem for workers in current thermal power plants, he has stressed.
Luka has also said this project will not be financed by the Government of Kosovo, but that as a state we have some other obligations.
The state's commitment is coal and water supply. The other commitment is to buy electricity that regenerates the thermal power plant. These are obligations as a country we take, he added.
The deal with the American company “Contour Global” amounts to over 1 billion euros and is considered the largest project in Kosovo's history.
It was signed on 20 December last year and envisions investment of 1.3 billion euros, setting up the new 500-megawatt unit within a four-year period. /Periscopi/
