EBRD provides EUR 2 million loan for energy efficiency measures in Kosovo*
The European Bank for Reconstruction and Development (EBRD) has provided EUR 2 million loan for energy efficiency measures in residential sector in Kosovo*. The loan has been provided to Kreditimi Rural i Kosoves (KrK), the third-largest microfinance institution in Kosovo*, to support households’ efforts to save energy and money. The funds will be on-lent to […]
MEPSO and Siemens sign contract for Dubrovo substation revitalization
Electricity Transmission System Operator of Macedonia (MEPSO) and the consortium of Siemens and SisKon have signed a contract on revitalization of Dubrovo 400/110kV substation, worth EUR 4.6 million. With this project MEPSO starts new investment cycle in revitalization of the network, worth more than EUR 50 million. At the signing of ceremony held last week […]
Small portion of public funds dedicated to upgrading buildings in Central, Eastern and South-Eastern Europe
Only 3 percent of the public funds that could be used to support energy-efficiency investments in the Central, Eastern and South-East Europe are dedicated to upgrading buildings. This shows that buildings are not considered to be critical energy infrastructure, although they can help reduce energy dependency and have other positive impacts, the Buildings Performance Institute […]
Montenegro secures funds for construction of wastewater treatment plant in its capital
Montenegro has secured most of the needed funds for the construction of a wastewater treatment plant in Podgorica, worth EUR 50 million. The international tender for the construction of the plant is expected to be published in the first quarter of 2018. Two loan agreements has been today signed between the Government of Montenegro and […]
Montenegrin capital gets grant to fund construction of waste water treatment plant
The European Union has approved a grant of EUR 9 million for the construction of a waste water treatment plant with a collector in the capital of Montenegro. The grant will be paid through the Western Balkans Investment Framework (WBIF) making Montenegro the first country in the region to get money for projects aimed at […]
Serbian Parliament says yes to KfW loans to EPS and EMS
Serbian Parliament has approved laws on Government’s guarantees for loans which German development bank KfW accorded to the state power utility Elektroprivreda Srbije (EPS) and state-owned transmission system operator Elektromreža Srbije (EMS). EPS will receive EUR 45 million loan from KfW to finance modernization of ash transport system in Thermal Power Plant Nikola Tesla A […]
Construction of first wastewater treatment facility in Belgrade underway
The City of Belgrade announced a call for a consulting company that will prepare the studies, design documentation and tender dossiers for the construction of the first wastewater treatment plant and sewage system to be located in Batajnica. Estimated cost of the assignment is EUR 850.000, exclusive of VAT. The Public Utility Company Belgrade Waterworks […]
EMS: EUR 21.5 million in loan and grant for Trans-Balkan corridor construction
The state-owned company Elektkromreža Serbia (EMS) signed an agreement on a loan for the construction of a part of Trans-Balkan corridor Kragujevac-Kraljevo with the German bank KfW. The loan agreement which will provide EUR 15 million for the second section of the first phase of the Trans-Balkan corridor construction through Serbia was signed by Jelena […]