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Home/Market News & Opportunities/Market News & Opportunities/Electric Power Company of Serbia has signed an agreement with a Chinese consortium on cooperation in the construction of B3 power plant

Electric Power Company of Serbia has signed an agreement with a Chinese consortium on cooperation in the construction of B3 power plant

 

The Electric Power Company of Serbia (EPS) has signed an agreement with a Chinese consortium on cooperation in the construction of B3 power plant within the power generation complex Nikola Tesla (TENT) in Obrenovac. The total value of the investment in the new coal-fired unit a 744 megawatt capacity, and the Radljevo coal mine which will feed that unit exceeds €2 billion. The Chinese consortium includes companies China Environmental Energy and Shenzhen Energy Group. The agreement also envisages investment in renewable energy sources.