25.5-million-euro agreement for KOSTT, Murati: The transmission network will be improved
In the amount of 25.5 million euros, the
sub-loan agreement was signed between KOSTT and the Ministry of Finance for the
project "Development of the energy sector VII - Improvement of the
transmission network". This project foresees investments in the
replacement of substations of key voltage lines for safe and stable operation
of the transmission system.
The Minister of Finance, Hekuran Murati, while
showing the purpose of the project, said that the important thing about this
agreement is that the level of losses will continue to be low, even though
according to him the losses are small.
He also said that the development of the energy
sector is a key priority for the government.
Meanwhile, Matthias Conrad, Deputy Ambassador
of Germany in Kosovo, has expressed his satisfaction with reaching this
agreement. He said that improving the climate in the energy sector is a
priority area of Germany's cooperation with Kosovo.
Meanwhile, Evetar Zeqiri, chief executive of
KOSTT, has indicated where this project will be focused.
