Serbia’s state gas company Srbijagas and North Macedonia’s gas transmission system operator Nomagas signed a memorandum of understanding expressing their intention to soon build a gas interconnector between the two countries. Srbijagas is also expected to present a plan for a gas interconnection with Romania. The memorandum, signed by Srbijagas General Manager Dušan Bajatović and […]
The European Commission has proposed the first support package, of EUR 87.7 million, under the European Union’s Growth Plan for the Western Balkans, to help implement EUR 487.3 million worth of hydropower, solar district heating, and grid modernization projects in Albania, Montenegro, and Serbia. The package was announced following a high-level meeting between European Commissioner […]
The foundation stone was laid today in Serbia for the third section of the Trans-Balkan Electricity Corridor. The investment amounts to EUR 100 million. It entails a high-voltage overhead power line of 109 kilometers between Obrenovac and Bajina Bašta, equipping two new switchyards in the Obrenovac transformer substation and upgrading the Bajina Bašta substation to […]
The North Macedonian section of the gas interconnector with Greece is expected to be completed by early 2027. The construction contract was signed by the Ministry of Energy, Mining and Mineral Resources, domestic contractor Rapid Build and the country’s gas transmission system operator Nomagas. The construction of the gas pipeline connecting North Macedonia with Greece […]
As part of its Growth Plan for the Western Balkans, the European Commission has invited private businesses from the EU, the European Economic Area (EEA), and the region itself to express interest in investing in sectors including the green transition, critical raw materials, sustainable transportation, and digitalization. The objective is to open a dialogue on […]
The European Investment Bank is providing a EUR 33 million loan for a solar power plant of 120 MW in peak capacity. Government-controlled power utility KEK plans to install it on its former coal ash dump near Prishtina. The European Investment Bank (EIB) signed a EUR 33 million investment loan for the construction of a […]
Serbia’s transmission system operator Elektromreža Srbije signed a contract for the construction of a two-system 400 kV transmission line from the Obrenovac substation to the Bajina Bašta substation. The power line from the Obrenovac substation to the Bajina Bašta substation is part of the third section of the Trans-Balkan Corridor for the transmission of electricity, […]
Montenegrin distribution system operator (DSO) CEDIS has secured funds for the installation of an advanced grid management system and procurement of smart meters. The EUR 40 million package consists of a EUR 35 million loan provided by the European Bank for Reconstruction and Development (EBRD) and a EUR 5 million grant under the European Union’s […]