A 13.5 million euros worth contract for the construction of a 400 kV Kragujevac-Kraljevo overhead transmission line was signed by EMS – Serbian electricity transmission system operator along with a consortium led by local company Koda Elektromontaza.
The statement from EMS said that this 60 kilometers-long line is part of the second phase of the Trans-Balkan Electricity Corridor project on Serbian territory. Total investment in the second phase of the project should amount to 29.6 million euros, which includes the reconstruction of two substations in Kragujevac and Kraljevo. Construction works on the transmission line are expected to start next month.
The financing has been secured through 15 million euros loan from German development bank (KfW), EU grant of 6.5 million euros allocated via the Western Balkans Investment Framework (WBIF), and from own financial resources of EMS.
The first phase of the project in Serbia included the construction of a double-circuit 400 kV transmission line from Pancevo to Romanian border, which was completed in December 2017 and was entirely financed by EMS. The third phase envisages the construction of a 109 kilometers-long 400 kV transmission line from Bajina Basta to Obrenovac, the upgrade of Bajina Basta substation’s capacity to 400 kV, and the overhaul of the Obrenovac substation. The fourth phase will include the construction of 400 kV transmission line linking Bajina Basta to Bosnia and Herzegovina and Montenegro.
The entire Trans-Balkan Electricity Corridor, linking Montenegro, Bosnia and Herzegovina, Serbia and Romania via a 400 kV transmission line and Montenegro and Italy via an undersea cable, is expected to be operational in 2022.