Contour Global

US company Contour Global and the Kosovo government have reached an agreement over 1 billion euros to build a new power plant in Kosovo. It should be operational by 2023, Albanian edition Gazeta Express writes.

A year after Kosovo government announced it had reached an agreement with the World Bank and the US company Contour Global to build a new power plant, the bank is still far from committing itself to the project.

Kosovo's government says it has reached an agreement with the World Bank and the company Contour Global to build a new power plant and expects to sign the contract soon.

During his visit to the US, Blerand Stavileci, Minister of Economic Development, said he had reached an agreement with Contour Global after negotiations that began in April.