Government Aims to Return It KOSTTE under management

Government Aims to Return It KOSTTE under management

Although the System, Transmission and Market Operator (KOSTT) has spent less than two years in ownership of the Kosovo Parliament at the request of the Energy Committee Secretariat, the Kosovo government is aiming to bring this company back under its management. In concept-document for the first wave of rationalization [...]

In the concept of the first wave of rationalisation and the setting of accounting lines for agencies operating in the Parliament, the return of COST to the Government Accounting Line is planned, respectively, in the Public Enterprise Monitoring Unit, which operates within the framework of the Ministry of Economic Development.

The Economic Development Commission, Infrastructure, Trade, and Industry in 2016 faced a dilemma in decision - making, writes Koha Ditore today.

This was after the Energy Committee Secretariat in comments it submitted during the draft of the Electric Energy Law had demanded that the board of producers, KEK and COST not select the same institutional body, respectively, the Government.

This was based on the principles of market liberalisation and providing conditions for fair competition. The commission had changed certain provisions by passing ownership of the COST Parliament, but not by changing the status of the public company.

The document, which has appeared in public consultations, says that “central public enterprises report to Government, respectively, at the Public Enterprise Unit under the Ministry of Economic Development (MZHE)”. After the law was issued in 2016, however, the Board of Directors only announces Government with the aim of monitoring policy implementation in the energy sector.

 

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