The government has reached a loan agreement with the German government for a project that aims to increase the efficiency in the energy sector in Albania. The EUR 40 ml loan from Germany will be allocated by a German bank, say official sources.
Efficiency in the energy sector program consists in improving the aspect of energy transmission, according to experts. The agreement was reached in the framework of the developmental public cooperation between the two countries.
The network of the energy transmission in the energy system is one of the direct perpetrators of the losses in the network according to energy experts. Despite the expected improvements in this regard which aim to reduce the losses, the project also aims to install the intelligent meters in buildings and in the energy distribution network to avoid looses.
Such agreement has been considered by the government since in 2011 and now has become reality after being published in the Official Bulletin.
News source: Scan TV
Photo credits: Diliff / Wikimedia
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