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In mid-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> although Kosovo's Energy Secretariat is examining whether elements of the 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>
In October 2018 World Bank President Jim Kim said the institution will not move forward with a plan to financially support the Kosovo C coal plant: "we’re required by our bylaws to go with the lowest-cost option, and renewables have now come below the cost of coal. So without question, we’re not going to do that,” Kim said. Activists said the Bank should help the country fund clean energy.<ref>Michael Igoe, [https://www.devex.com/news/world-bank-drops-support-for-kosovo-s-controversial-coal-project-93626 "World Bank drops support for Kosovo's controversial coal project,"] Devex, 10 October 2018</ref> In November 2018 the European Bank for Reconstruction and Development (EBRD) draft strategy ruled out support for coal, including the the Kosovo coal plant.<ref>Klaudjo Jonuzaj, [https://seenews.com/news/ebrd-draft-strategy-rules-out-support-for-kosovo-coal-fired-power-plant-633370competition/ "EBRD draft strategy rules out support for Kosovo coal-fired power plant,"] See News, Nov 14, 2018</ref>
In May 2019 ContourGlobal said it had chosen a consortium of General Electric subsidiaries to build Kosovo C. The other bidders for the project were China Machinery Engineering Corporation (CMEC), South Korea’s Hyundai, and a consortium of Turkey’s ENKA, Japan’s Mitsubishi Hitachi Power Systems and Spain’s Tecnicas Reunidas. Construction of the plant is expected to start in late 2019. The project is valued at $1.3 billion, with financing expected to come from a mix of the Overseas Private Investment Corporation (OPIC) and export credit agencies, ContourGlobal’s CEO said in October 2018, after the World Bank said it would not finance the plant.<ref>[https://www.reuters.com/article/us-contourglobal-kosovo-ge/ge-to-build-kosovos-new-500-mw-coal-power-plant-idUSKCN1S917R "GE to build Kosovo's new 500 MW coal power plant,"] Reuters, May 3, 2019</ref>
