EPS not to raise electricity price for the time being, energy minister says
Serbia’s public power utility Elektroprivreda Srbije (EPS) will not raise electricity prices over the coming period, Minister of Mining and Energy Aleksandar Antić has said, noting that Serbia is “defending the electricity price” before the International Monetary Fund (IMF) and the World Bank by citing EPS’ “good business results” and a favorable energy mix that […]
Elektroprivreda Srbije commissions EUR 9.5 million substation on Mt. Kopaonik
Public power company Elektroprivreda Srbije (EPS) has put into operation a state-of-the-art 110/35/10 kV substation on Mt. Kopaonik, in a project worth EUR 9.5 million, implemented by German engineering group Siemens, EPS said in a press release. The 110 kV Kopaonik substation, with 35 kV and 10 kV outputs, has a cutting-edge technology, according to […]
Serbia, Republika Srpska ink memorandum to jointly build HPP Foča, HPP Paunci
The governments of Serbia and Republika Srpska (RS), an entity of Bosnia and Herzegovina (BiH) signed several memoranda at their joint session in Trebinje, BiH, including a memorandum on the joint construction of hydropower plants (HPP) Foča and Paunci, with a total installed capacity of between 90 MW and 95 MW and an estimated investment […]
All of EPS’ coal-fired power plants will have to meet EU environmental protection standards
Serbian public power utility Elektroprivreda Srbije (EPS) will have to comply with all EU environmental standards concerning its coal-fired power plants, EPS’ supervisory board chairman, Branko Kovačević, PhD, tells Balkan Green Energy News. The long-serving university professor believes that EPS’ electricity production will be based on coal and hydropower, as well as renewable energy sources, […]
Serbia, Republika Srpska to jointly build HPPs Foča, Paunci in EUR 200 million investment – minister
Serbia and Republika Srpska will jointly build the Foča and Paunci hydropower plants (HPP) on the upper Drina river in the Serb entity of Bosnia and Herzegovina (BiH), with a total installed capacity of about 95 MW, Serbian Mining and Energy Minister Aleksandar Antić said following a session of the Serbia-Republika Srpska energy committee, according […]
Power utility EPS hiring 163 young professionals
Public power utility Elektroprivreda Srbije (EPS) has posted vacancy announcements for 163 university degree holders, of which 62 are reserved for first-time job seekers. The plan is to offer fixed-term contracts for a period of up to two years to 47 mechanical engineers, 43 electrical engineers, 20 mining engineers, 10 information technology experts, as well […]
Aarhus Centre lodges court complaints against environmental permits for HPPs Buk Bijela, Foča
The Aarhus Resource Centre Sarajevo has submitted two complaints to the District Court in Banja Luka against the environmental permits for the Buk Bijela and Foča hydropower plants (HPPs) on the river Drina in Bosnia and Herzegovina (BiH) near the border with Montenegro, CEE Bankwatch Network, one of the largest networks of environmental civil society […]
EPS reports net profit of EUR 28.8 million, distribution subsidiary EUR 20.3 million in 2017
Public power utility Elektroprivreda Srbije (EPS) made a net profit of around RSD 3.4 billion (about EUR 28.8 million) in 2017, according to the unconsolidated audited financial report posted on the company’s website. In 2017, EPS bought RSD 11.4 billion (some EUR 96.6 million) worth of electricity on the domestic market, about RSD 5.9 billion […]
