Schneider Electric signed an agreement worth 140 million euros on the supply of medium-voltage equipment and network management software for upgrading the electricity distribution network in Serbia. The upgrades will help Serbia to improve its electricity distribution network, lowering the rate and the duration of outages. It will also reduce network losses and enable significant CO2 emissions reductions and savings, the company said in a statement.
This upgrade will improve the quality of the electricity supply and strengthen the service provided by distribution system operator Elektrodistribucija Srbije (EDS).