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Plans for further investment of Gazprom Energoholding in Serbia

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Thermo-heating power plant in Pancevo should start operating by the middle of the year, and the extension of the deadlines for the completion of this facility was due to restrictions caused by the pandemic.
This was said by the General Director of Gazprom Energoholding, Denis Fyodorov, emphasizing that there are no penalties for delaying the completion.
– There are plans for further investment of Gazprom Energoholding in Serbia – Fyodorov said in an interview with Kommersant. – Three projects of similar capacity are being considered.
He assessed the construction of a 200-megawatt wind farm as good potential. According to him, this is a topic on which it is necessary to make final talks with Serbian colleagues.
The construction of TE-TO Pancevo started in the spring of 2019. The plant has a capacity of 196 megawatts. It will produce energy from natural gas for the needs of the NIS oil refinery, and it will place electricity on the market. The investment is worth 180 million euros, and the contractor is “Shanghai Electric Group”, Novosti reports.

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