The Assembly of the Electric Industry of Serbia (EPS) approved the mid-2025 report on the implementation of its Three-Year Business Plan, reporting a profit of 27.4 billion dinars and stable cash flows. Minister of Mining and Energy Dubravka Đedović Handanović highlighted continued production growth and financial stability, particularly emphasizing achievements in the mining sector.
Coal production in the first six months was 8% higher than planned and 7% higher than in the same period last year. Efforts are focused on completing mechanization at the new Kolubara mine “Radljevo” to begin overburden production next year, a prerequisite for new coal extraction.
Most overhaul work on power plants was completed to prepare for high summer consumption and the upcoming winter season. Coal stocks remain high at 1.68 million tons, while external coal purchase costs were 1.35 billion dinars below plan and significantly lower than in the past three years.
Despite a second consecutive dry year and 30% lower inflows on the Drina and Danube rivers, efficient operation allowed full utilization of available water. Revitalization of the second aggregate at the reversible hydro plant “Bajina Bašta” continues, ensuring long-term efficiency and reliability.
EPS also commissioned the trial operation of its first solar power plant, “Petka,” in Kostolac, and testing of its first wind farm is expected soon. Investment management, operating cost reduction, and customer relations improvement remain priorities, alongside accelerating the company’s transformation process. Key performance indicators (KPIs) for executive and middle management have been introduced to improve accountability and efficiency.
The Assembly also approved recapitalization of “Elektrosever,” which supplies electricity to four municipalities in northern Kosovo and Metohija. Over 45% of consumers there have already received new smart meters, improving service quality.
