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Energy crisis, water supply 20.37 billion ALL liabilities to OSHEE, do not pay bills for several years
Written by SOT.COM.AL 1 Nëntor 2021
Water and Sewerage Companies are the largest debtors to OSHEE. These companies have billions of ALL in liabilities to OSHEE and have not paid for several years. According to the data in the draft budget of 2022, it is stated that the Water Supply and Sewerage Companies are the largest debtors to OSHEE, which have about ALL 20.37 billion in liabilities. The report states that out of the total liabilities reported, only the enterprise of UK Sh.a Durrës has ALL 6.43 billion. “Liabilities of Water Supply and Sewerage companies to OSHEE Group JSC continue to remain at a considerable value. Total of these liabilities until June 2021, according to the National Agency for Water Supply and Sewerage and Waste Infrastructure after reconciling data with OSHEE Group, reports that the accumulated liabilities of water supply and sewerage companies turn out to be in the amount of ALL 20.37 billion. According to the same report, ALL 11.05 billion are liabilities billed to the company and ALL 9.32 billion are interest arrears. Of the total liabilities reported, only the enterprise of WSS JSC Durrës has 6.43 billion LEK liabilities accumulated over the years ", it is stated in the report. Meanwhile, OSHEE will take measures to reduce arrears. According to the report, it is reported that a committee has been set up, which will provide a series of measures to be taken. These measures provide for the prevention of arrears and the discipline of payments. In the framework of the reform in the energy sector, the committee "Program Steering Committee" (PSC) has been set up, to reduce arrears in the electricity sector. This plan provides a series of measures aimed at preventing the creation of new arrears and also disciplining payments between energy sector companies and key related parties. "After achieving a healthy payment discipline between them, the plan proposes the restructuring of the stock of liabilities and the use of various favorable instruments in order to reduce this stock", it is said in the report.
OSHEE financial losses
Meanwhile, regarding the financial losses that OSHEE may have, from the purchase of energy in the free market, the report states that it is predicted that there may be a financial loss of about ALL 8.9 billion for 2021. It is also stated that if not taken immediate measures financial loss may increase. "Failure to meet the electricity supply plan due to dry weather will force OSHEE Group sh.a to fill this gap with purchases in the free market, which will affect the reduction of financial performance and lack of liquidity of the company. As a result, OSHEE Group forecasts a financial loss of about ALL 8.9 billion for 2021 and if no immediate measures are taken, 2022 will also mark a financial loss of about ALL 7.2 billion. In order to reduce financial losses,