Serbia: Power utility EPS continues investments in environment protection projects

8. November 2016. / News Serbia Energy

Executive Director of electricity production at Serbian state-owned power utility EPS, Savo Bezmarevic said that in the first six months of this year EPS recorded a profit in the amount of 106.5 million euros and achieved saving in the amount of 112.2 million euros.

According to him, EPS’ profit in the first half of 2016 is by about 81.3 million euros higher than planned. He added that the company is annually investing between 200 and 300 million euros in technical sector in order to keep all its facilities in top shape, because the age of these facilities is between 30 and 50 years. He reminded that in 2000 EPS started the overhaul of its facilities, the process which is still ongoing, with the emphasis on energy efficiency. Thus, the company managed to reduce its energy consumption by 16 % since 2000.

Bezmarevic also pointed out that the environmental homogenization project worth 180 million euros is currently ongoing in the Kolubara mining basin, which should be completed in 2018 and will improve production at thermal power plants supplied with coal from Kolubara mines. The project for the revitalization of HPP Zvornik worth 70 million euros is also ongoing, along with the revitalization of unit B2 at TPP Nikola Tesla B that will extend unit’s operational life and increase its power output by 30 MW. Bezmarevic reminded that the project for the construction of new 350 MW unit at TPP Kostolac is about to start soon.

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