InvestorsHub Logo
Followers 30
Posts 2256
Boards Moderated 0
Alias Born 02/05/2011

Re: None

Friday, 11/06/2015 5:17:12 AM

Friday, November 06, 2015 5:17:12 AM

Post# of 95240
Albania energy reform

Minister Director of the WB expects Gjiknuri, Goldstein, energy reform is going very well, Posted on: 03 November 2015

Minister of Energy and Industry, Mr. Damian Gjiknuri received today the Director for Eastern Europe World Bank, Mrs. Ellen Goldstein. The Minister informed the officer of the World Bank on the progress of reform in the energy sector.

In assessing the Minister Gjiknuri reform is giving its positive effects on the sector as also received support from citizens who have joined legality in electricity consumption.

"From an abrasive finance sector and the State Budget, the energy sector has already begun to contribute to the country's economy," said z.Gjiknuri.

The Minister stressed that the losses in the network is lowered to the level reached 31%, the level of current collection efficiency has increased as have been collected during the last two years about 200 million euros of arrears.

Z.Gjiknuri explained that now the government is working for the new market, the liberalization of the energy sector and to establish the scholarship project power in Albania.

World Bank Country Director, Mrs. Goldstein praised maximum results in the energy sector reform is providing. According to her, the quick resolution of the conflict over the status of the distribution company was appropriate to open the road sector investment and reform.

While stopped in the project of recovery of the energy sector, Ms. Goldstein described very good progress of the reform undertaken. According to her, the effects of the reform will be made even more vulnerable by improving customer service.


Comments (0) // updates.albaniaenergy.org/#post359