Government Sets for Establishment of New Public Company

Periskopi

13 March 2024, 10:51(2 years ago)

The Kosovo government will consider today's economy ministry proposal for the establishment of a new public company. At the meeting, which is held today, the government cabinet has placed seven points on the agenda. One of the proposals is that of establishing the public Energy Conservation Company, which wants [...]

At the meeting, which is held today, the government cabinet has placed seven points on the agenda.

One of the proposals is for the establishment of the Public Energy Conservation Company, which will operate the battery system at 170MW capacity. This system is built by the $226.7 million Kompact Programme, out of which $202 million grant from the United States.

The government will also consider a proposal to implement a measure by the Economic Resurrection Pack.

This measure envisions subsidising investment loans to all manufacturing businesses if they measure loans to finance expanding their capacities.

Also, the government is expected today to approve the decision to expropriate real estate, which is affected by the Conservation and Reservation of the House of the Memorial Complex “The Special Mazakra”.