Serbia: JV contracts with investors for HPPs Bistrica and Djerdap 3 expected in 2013

, News Serbia Energy

Projects realization such as Djerdap 3, Bistrica and several thermal power plants would bring to Serbia the investments of billions of euros. Zorana Mihajlovic, Minister of Energy, Development and the Environment expected that by the end of the year would be concluded more pre-contracts of new power plants construction in Serbia, especially of the cogeneration plant Novi Sad, thermal power plants Stavalj and Despotovac, as well as hydroelectric power plants Bistrica and Djerdap 3.

Realization of these projects would bring to Serbia investments of billions of euros.

The priority of this ministry, which presented yesterday the results of the previous year, it will be to determine deadlines for the completion of the public enterprises reform, which will control this ministry.

– EPS restructuring is started, but does not run quickly enough, while program of “Srbijagas” restructuring is over, but the government has not yet adopted it – said Mihajlovic and added that the change must come in the “Srbijagas”. In her opinion, it would be good to be as soon as possible and that she would not give it up.

She says that Serbia has around 55,000 users of energy at subsidized prices. It was expected that there would be three times more, but the reason is not good economic status of the population, but lack of understanding in social services and local distributions.

Asked whether it was true that the mineral rent for oil and gas exploration of three percent was extended to the NIS by 2023, Mihajlovic said that it was true and that it was the responsibility of the Ministry of Mining.

On the question whether she could do something for the NIS workers that declared as technologically redundant and then had to work on leasing for far less wages, Mihajlovic said that her ministry could not do much, because this work and employment manner was legal.

Source; Serbia Energy/MERZ