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Turn-Around Management Contract for KEK, Kosovo

Mar 3, 2021, 08:00 AM
Title : Turn-Around Management Contract for KEK, Kosovo
Location : Kosovo
Intro Title : The Project
Section 1 Title : What we delivered
Section 2 Title : The Results
Section 3 Title :
Is featured : No

ESB International was appointed as a consultant to take over management control for KEK in Kosovo. The goal was to transition KEK into a financially sustainable, self-sufficient and market-driven company providing reliable energy services.   

KEK was a vertically integrated utility with mining, generation, transmission, distribution and supply activities. The two open-cast lignite mines supply coal to two power stations with a total installed nominal capacity of 1,480 MW. 

The Challenge

When ESB International took over management control, KEK owed over €200M in electricity debt, and more than 50% of all connected consumers were illegal. 

 

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New regulations focused on combatting electricity theft. Energy courts and a legal team to improve the prosecution process. A billing and customer management system for KEK. 

 

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  • Increased annual cash collections by +32%, from €74M  to €97M. 
  • Increased collection against billed percentage from 58% to 79%.  
  • Reduced total losses from 59% to 48% representing a 18.6% improvement over two years. 
  • Reduced debtor days by more than 60%. 
Categories : Utility to Utility
locations : Kosovo
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Visual List : Case Study List - Turn-Around Management Contract for KEK, Kosovo
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Contact Us

Dublin Office

Address
ESB International,
One Dublin Airport Central,
Dublin Airport Cloghran,
Co Dublin,
K67XF72
Phone +353 1 703 8000 +353 1 703 8000

Bahrain Office

Address
ESB International Office 1002,
Building 655 Road 3614,
Block 436,
Seef Area,
Bahrain
Phone +973 1770 8118 +973 1770 8118

Oman Office

Address
ESB International Office 206,
2nd Floor, Holiday Inn Al,
Mazoon Street South Al,
Mawaleh, Muscat P.O. Box,
P.C 118 Sultanate of Oman
Phone +973 1770 8118 +973 1770 8118