The European Bank for Reconstruction and Development (EBRD) said on Monday it is
considering providing a corporate loan of up to 28 million euro ($38.4 million)
to Kosovo’s transmission, system and market operator, KOSTT, to finance the
upgrade of selected substations and transformers and the strengthening the grid
at the 110-kilovolt level.
“The project will assist KOSTT in achieving
compliance with the N-1 electricity transmission grid security criteria, a key
technical requirement of the European Network of Transmission System Operators
for Electricity,” the EBRD said in a statement on its website.
The total
cost of the project is seen at up to 36 million euro.
The N-1 criterion
is a rule according to which elements remaining in operation after failure of a
single network element - such as transmission line, transformer or generating
unit, or in certain instances a busbar - must be capable of accommodating the
change of flows in the network caused by that single failure.