Investment of 500 million euros in the modernization of the low voltage network in Serbia

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Minister of Mining and Energy Zorana Mihajlovic said today during a visit to the distribution and dispatch center of the Electricity Distribution of Serbia (EDS) in Belgrade that investing in the low voltage network is necessary to increase the reliability of electricity supply throughout Serbia.
“Now the situation is much better than a month ago, when we had a similar amount of precipitation. I am glad that the EDS teams are on the ground and that all problems are resolved as soon as possible. However, it is very important to invest in the distribution system. In the coming years to ensure reliable supply throughout the country. We will invest more than half a billion euros in the next few years. Money has never been a problem, but now we can plan adequately, as EDS is an independent company,” Mihajlovic said.
She pointed out that the losses on the network cost around 200 million euros a year and that the modernization of the distribution system is necessary.
EDS director Bojan Atlagić said that less than 0.1 percent of users are without electricity supply, and that all faults are eliminated.
“These are mostly short-term interruptions in the hilly and mountainous areas in the south and east of the country, and everything should be resolved by the end of the day. I want to thank the Ministry once again for help and investments in the reconstruction of the low voltage network,” he said, Novi Magazin reports.