Government subsidies worth 30m euros, KEK comes up with clarification

The Kosovo Energy Corporation has come up with a clarification concerning the subsidies it received from the Kosovo government. Through a post on the official site, KEK suggested that on December 17, 2021, the Government had allocated 20m euros and another 10m euros in early January 2022, with [...]
Through a post on the official page, KEK has suggested that on December 17, 20m euros and another 10m euros in early January 2022, the government had been earmarking electricity import.
Of the total amount of 30m euros, KEK says that in April last year it had announced that it had lost 7m euros.
KEK says these vehicles are kept in account shared by KEK's business, and used only for importing electricity.
The government of the Republic of Kosovo at 4th point of decision 02/117 of the 2912.2022 date has confirmed that these tools are in KEK's hands. Citation: “KEK for buying the missing import of electricity will exploit the remaining means from the Ministry of Economy's subvention, according to the Kosovo Government's decision No. 0555 on the date 21.02.2022”, KEK's announcement said.











