Drought prompted a decline by ALL 2.4 bln in KESH revenues, SCAN, 22 September 2017
Drought prompted a decline by ALL 2.4 bln in KESH revenues, SCAN, 22 September 2017 The lack of rainfall has worsened the financial situation of the Albanian Power Corporation KESH, and according to the data from this company, which TV SCAN has seen, it results that this was reflected in the decline of revenues by ALL 2.4 billion compared with the forecast. KESH’s expenses, on the other hand, increased by ALL 5.1 billion as a result of the company’s arrears to the Electricity Distribution Operator for financial compensation due to the drought and the impossibility of producing the contractual amount of energy. In this context, in September OSHEE managed to provide 94% of the requested quantity, while the remaining 6 percent was received from KESH. For this current year, the…