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 […]
Promises for coal jobs in southeastern Europe greatly exaggerated – study
Proponents of coal have overall claimed that 10,030 jobs would be maintained and 17,600 new jobs created, while according to new analysis a reduction of workplaces by around 5,170 is more likely, CEE Bankwatch Network said in a press release. A study The great coal jobs fraud covering eight southeast European countries – Bosnia and […]
Serbia needs to boost environmental investment by EUR 500 million annually to tackle “critical” situation – Fiscal Council
The Fiscal Council has called for significantly stepping up investment in environmental protection in Serbia, noting that there is ample room to do so through the 2019 state budget now that the country’s public finances have stabilized. Serbia is one of the most polluted countries in Europe, which is jeopardizing the health of the population […]
Elektroprivreda Srbije looks for Kostolac wind farm advisor
Public power utility Elektroprivreda Srbije (EPS) seeks a consultant for the construction of the 66 MW Kostolac wind farm. The state-owned company published a public call for the expressions of interest from consulting firms to assist in the preparation of the Kostolac wind farm project. This will be the first renewable energy capacity in EPS’ […]
EPS to hire consultant for new ash handling system in TPP Nikola Tesla
Public power utility Elektroprivreda Srbije (EPS) has invited expressions of interest from consultants for the project Modernization of the Ash Handling System in the Thermal Power Plant (TPP) Nikola Tesla A in Obrenovac project. TPP Nikola Tesla A is the biggest thermal power plant in Serbia with a capacity of 1,650 MW and the biggest […]
World Bank’s loan to support electricity supply tariff rises in Serbia
World Bank (WB) EUR 160.6 million loan provided to Serbia will, among other activities, support public power utility Elektroprivreda Srbije (EPS ) in achieving increased convergence of the guaranteed electricity supply tariff to reach market parity levels. The percentage and the date of the electricity price hike are not determined. According to World Bank’s statement […]
HPP Zvornik’s green electricity generation hits daily record as capacity is increased by 15 MW
Two revitalized units of hydroelectric power plant (HPP) Zvornik have been officially put into operation, in what increased the plant’s installed capacity by 15 MW and its life expectancy by 40 years. The well-executed overhaul was demonstrated by the fact that on the first day of the modernized A2 unit’s test run, Zvornik reported a […]
