Serbia: Gazprom signed MoU for the development of CHPP projects in Serbia

, News Serbia Energy

Serbian Ministry of Mining and Energy and Russian gas company Gazprom have signed a Memorandum of Understanding (MoU) on the development of combined heat and power plant (CHPP) projects in Serbia.

The signed document provides the basis for joint efforts aimed at the construction of new and re-construction of existing power plants in Serbia. Last week, at the start of construction of CHPP in Pancevo, Director of Gazprom Energoholding Denis Fedorov said that the company is interested in the construction of up to four similar power plants in the country.

200 MW CHPP Pancevo will be built within NIS‘ oil refinery complex in Pancevo, the project will cost 180 million euros and it is expected to be completed by the end of 2020. It should contribute to an increase in the stability of supply of electricity, thanks to directing up to 65 % of the power produced to the energy system of Serbia, while also covering the needs of Pancevo refinery for electricity and steam.

Last year, China Machinery Engineering Corporation (CMEC) said that it is interested in the construction of combined heat and power plants in several cities in Serbia, predominantly in those with high air pollution.