Minister Luka does not deny rising electricity prices by 44 percent

Minister Luka does not deny rising electricity prices by 44 percent

Economic Development Minister Valdrin Luka has not denied the GAP Institute's outcome that the electricity price could rise by 44 per cent, from the current one, with the start of production from the “thermal power plant, New Kosovo's”. But, it has said, the government will monitor the bidding process for the construction of the thermal power plant and depending on the cost [...]

But, he has said, the government will monitor the tendering process for the construction of the thermal power plant, and depending on the cost of its construction will be determined even the loan the company will receive.

For this, he has said it is working to make the price for megawatts not worth 80 euros, which is set in the contract as the highest price.

Luka has added that it is working to eliminate technical losses as well as illegal keys, which have so far been billed to citizens.

But in Express, KTV interview Agron Demi from the GAP Institute said this would be minimal growth if power distribution operators do not increase costs even more.

Investment is expected to take place at the Kosova B thermal power plant as well, while the cost of closing the Kosovo thermal power plant will be billed to citizens.

Minister Luka has acknowledged that the loans for projects, related to coal, are of higher interest to about 20 %. Minister Luka is hoping the Government will find opportunities for a lower rated loan, but setting the standard for coal projects is made by the Organisation for Economic Co-operation and Development O ECD.

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