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Albania to cancel grid license amid power cuts
Thursday - 1/10/2013, 5:34am EST
TIRANA, Albania (AP) - Albanian authorities say the license held by a Czech company to operate the country's electricity grid will be canceled by the end of the month after a dispute between the company and the government led to extensive mid-winter rolling blackouts.
State energy regulator spokeswoman Entela Cipa said Thursday that procedures have begun against CEZ Shperndarje, which owns a 76-percent stake in the distribution operator. It was unclear when a new tender would be announced.
CEZ complains of unpaid bills, while the government _ which is expected to take over the management _ claims CEZ has failed to carry out agreed investments. Daily blackouts have occurred across the country, including parts of the capital, Tirana.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)