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 […]
Installation of Alibunar wind farm turbines by September
Elicio, the Belgian renewable energy producer has announced its plan to complete the installation of 21 turbines at the 42 MW Alibunar wind farm, less 60 kilometers northeast of Serbia’s capital Belgrade, by September this year. The construction of the wind turbines foundations is expected to be finished in less than a couple of weeks. Then, Elicio […]
DEG has acquired 10 percent stake in Čibuk 1 wind farm in Serbia
DEG – German development finance institution and a subsidiary of KfW Group has acquired a 10 percent equity interest in the 158 MW Čibuk 1 wind park in Serbia and joined two other investors in what is set to be the largest wind farm in Serbia. The wind farm, due to be completed in 2019, […]
Romania’s electricity market is now fully liberalized
Since the beginning of this year, the electricity market in Romania is fully liberalized – there will be no longer regulated tariffs that household consumers paid until December 31, 2017. Consumers of electricity in Romania now can choose between competitive regime and universal service market, with the option to return to the universal service market […]
World Bank provides EUR 40 million loan for energy efficiency in Serbia
The World Bank (WB) has provided EUR 40 million loan to Serbia for energy efficiency measures in 234 public buildings. The loan is a part of USD 119 million (EUR 100 million) Enhancing Infrastructure Efficiency and Sustainability Program, recently approved by the WB. The rest of the money (EUR 60 million) will be spent on road […]
Vinča PPP signed to solve biggest environmental problem in Serbia, region
Following an international tender, an agreement on a public private partnership (PPP) was signed by the Belgrade city authorities and a consortium of the French Suez groupe and Japanese Itochu I-Environment to implement a 25-year project to develop a system to treat municipal waste of Belgrade. The agreement calls for closing and remediation of one […]
Call for final bids for Belgrade’s largest landfill Vinča
The City of Belgrade published a call for submission of final bids for public-private partnership (PPP) for the rehabilitation of the largest Belgrade’s landfill in Vinča. Public call for final bids for participation in PPP for the provision of treatment services and waste disposal in Belgrade was published on May 26, and the bids will […]
World Bank suggesting strategic partner for EPS, Branko Kovačević: that is not good idea
Tony Verheijen, Country Manager of the World Bank in Serbia said that privatization of Electric Power Industry (EPS) would be too complicated, which is the reason for the government to possibly consider strategic know-how partnership for this state power utility. However, Branko Kovačević, President of EPS Supervisory Board thinks that is not a good idea. Verheijen: […]
