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The Kosovan government has expressed confidence that the country’s New Kosovo coal-fired power plant will win final approval for funding from the World Bank.

The proposed $1.1bn modern clean coal facility is earmarked to replace an older, more polluting model of plant, but the country is in serious need of that replacement, given its ongoing power shortage problems.
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The World Bank and other development banks have limited international finance for new coal power to exceptional circumstances – so rare that Kosovo’s is the only coal plant being considered for World Bank support anywhere on Earth.

“I don’t think any of our partners wants to put at risk the future of our country,” says Kosovo’s minister for economic development, Blerand Stavileci, in reference to the World Bank’s board meeting later this year, which would finally confirm the financing.

Kosovo’s current electricity system is 97 per cent reliant on two ageing coal-fired power plants that are 46 and 35 years old.

The country has the fifth biggest lignite reserves on the planet yet outages are common due to its poor power infrastructure. According to the minister, irregular supply causes private sector losses of €$332m every year.