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In its 2018 annual report the company stated that "financial close and start of construction expected late 2018/early 2019."<ref>[http://www.contourglobal.com/sites/default/files/2018-04/cg_2017_results_prelims_announcement_final_0.pdf "ContourGlobal - 2017 Preliminary Results Presentation"], ContourGlobal, April 5, 2018, page 10.</ref>
In June 2018 the World Bank said it was reassessing its support for the plant - the only coal power plant project left on its books. The Bank said it was finalising work on a study of the country’s options for rebuilding its power sector, with consideration of the the declining costs of renewables.<ref>[http://www.climatechangenews.com/2018/06/13/world-bank-reconsidering-support-last-coal-plant/ "World Bank reconsidering support for its last coal plant,"] Climate Home, 13/06/2018</ref> Also in In June 2018 ContourGlobal invited tenders for construction,<ref>[https://www.reuters.com/article/kosovo-energy/contourglobal-launches-tender-to-build-new-kosovo-coal-plant-idUSL8N1TN4T0 '' ContourGlobal launches tender to build new Kosovo coal plant''] Reuters, 21 June 2018</ref> but separately the although Kosovo's Energy Community alleged distortions Secretariat is examining whether elements of state aid rulesthe power purchase agreement with ContourGlobal meet the country's requirements that electricity markets be open to competition and non-distorted.<ref>[https://balkangreenenergynews.com/energy-community-finds-distortions-of-state-aid-rules-regarding-kosova-e-re-power-plant/ '' Energy Community finds distortions of state aid rules regarding Kosova e Re power plant''] Balkan Green Energy News, 18 June 2018</ref>
==History==
