RWE and Elektroprivreda Srbije sign energy sector agreement

RWE and Serbian state-owned energy utility Elektroprivreda Srbije have signed a memorandum of understanding (MoU) for a strategic collaboration on energy sector projects in Serbia with a focus on hydropower.

The agreement covers the further development and enhancement of existing energy generation plants in the Serbian republic as well as the planning, construction and operation of new power plants.

The first projects will likely include the modernisation, extension and operation of run-of-river hydropower plants and the expansion of an existing lignite-fired power plant with an adjacent lignite mine.