Albania to Kosovo power transmission line seen ready by spring 2016

The 400 kilovolt (kV) line will be funded with proceeds of loans from German development bank KfW, Gjiknuri said, as quoted in a statement on the website of the energy ministry on Saturday.

In December 2013, Kosovo and Albania signed a contract for the construction of the power transmission line.

In the same month, Croatian power transmission equipment maker Dalekovod [ZSE:DLKV-R-A] signed with Kosovo's state-owned power transmission system operator KOSTT a 30.7 million euro ($38.3 million) deal for the construction of a 90 kilometre stretch of the line, from the capital Pristina to the border with Albania, and Bosnian engineering firm Energoinvest was awarded a 29 million euro contract by the Albanian power transmission operator OST for construction of the Albanian part of the line.

($=0.8009 euro)