Serbia Seeks Investors to Expand Power Output, Cut Imports

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Serbia plans to cut red tape to attract investors in energy projects and increase power production, reducing dependence on imports, Energy Minister Zorana Mihajlovic said.

The ministry is reviewing 170 licenses and nine preliminary agreements with energy developers, including Elektroprivreda Srbije’s deals with Italy’s Edison SpA for the 750-megawatt Kolubara B plant and with Seci Energia SpA for new hydro plants on Serbian rivers, Mihajlovic, 42, said in an interview.