ALBANIA, EUR 100 MLN FOR ELECTRICITY GRID

The operator of the electricity distribution system in Albania (Osshe) plans to invest in 2017 more than 14 billion lek (about 104 million euro) in order to reduce losses in the network. Osshe said that the Albanian distribution system could be normalized by 2022 if it average € 100 million per year will be invested. Thanks to the extensive operation undertaken by the authorities against electricity theft, starting from 2014, the company’s losses fell significantly. For 2017 the company expects the rate of losses in the network to drop to 25 percent share of the total electricity fed into the system.

(ITALPRESS/MNA).


Source: medNews