EBRD boss supports Serbia’s EU path
Serbia has been on a right road to the European Union, but further reforms in economy are needed to secure the country’s leadership in business environment, president of the European Bank for Reconstruction and Development Suma Chakrabarti said in Belgrade on Thursday. He added the EBRD managed to increase investment to around EUR 500 million […]
EPS to initiate tenders for small hydro units
Electric power utility of Serbia (EPS) announced it intends to use the proceeds of a loan from the European Bank for Reconstruction and Development for four tenders, three of which are expected to be launched during the last quarter of the year. The whole project has a total estimated cost of EUR 37 million. The overall […]
Antić: Serbia is not selling EPS
Officials denied speculations the Government of Serbia hired domestic Energoprojekt Entel and the Economics Institute to evaluate the assets of Electric Power Industry of Serbia (EPS) in order for the state to be able to sell it. Minister of mining and energy Aleksandar Antić said the aim is to strengthen the enterprise, Tanjug agency reported. […]
EPS is worth up to EUR 14 billion, shouldn’t be sold
Branko Kovačević, chairman of the Supervisory Board of the Electric Power Industry of Serbia, told daily Politika the state-owned utility expects a possible capital addition. Asked about a recent dispute with Tony Verheijen, head of the World Bank in the Balkan country, he added the developments can point to the intention to sell the enterprise, but […]
Study for Kostolac wind park to be done by October
Predrag Đorđević, manager for key investment projects at Electric Power Company of Serbia (EPS), said the feasibility study for the planned wind park in Kostolac would be finished by October. In an interview for the June issue of Energija, the state-owned utility’s magazine, he added the development of the main design will ensue, followed by the preparation of […]
EPS to invest EUR 1 billion in environmental protection
The construction of the desulfurization system in thermal power plant Kostolac B is almost complete. When it is commissioned, emissions of sulphur dioxide will be under 200 milligrams per cubic metre, in line with European Union regulations, said Milorad Grčić, acting chief executive of Electric Power Company of Serbia (EPS). He said the state-owned utility […]
Siemens hired for construction of substation
Electric Power Industry of Serbia (EPS) and Siemens d.o.o. reached an agreement on the construction of 110/10 kV substation Beograd 23 – Autokomanda worth EUR 7.67 million. The contract was signed by acting head Milorad Grčić and chief executive Udo Eichlinger, respectively. EPS’s priorities are the modernization of the system, improving efficiency and raising quality […]
EPS procuring documentation for wind, solar plants
Electric Power Industry of Serbia (EPS) called for offers for the production of urban planning documentation for the solar and wind power plants in Kostolac basin in the location called Srednje kostolačko ostrvo, a slag and ash pond. The share of the price in the application’s grade will be 60%, while the quality of the […]
