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Signed Shareholder Agreement on the Development of the Future Gas Power Plant Project in Nis

The Ministry of Mining and Energy of the Government of Serbia in its technical mandate announced today that Elektroprivreda Srbije (EPS), Srbijagas and the Azerbaijani state oil company SOCAR have signed a shareholder agreement on the development of a project for the construction of a gas power plant with a combined cycle in Niš, which also includes the establishment of a joint venture.

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The Ministry of Mining and Energy of the Government of Serbia in its technical mandate announced today that Elektroprivreda Srbije (EPS), Srbijagas and the Azerbaijani state oil company SOCAR have signed a shareholder agreement on the development of a project for the construction of a gas power plant with a combined cycle in Niš, which also includes the establishment of a joint venture.

·Belgrade, Serbia
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Serbia's state-owned energy company "Electric Power Plant of Serbia" (EPS), the gas company "Srbijagas" and the State Oil Company of Azerbaijan (SOCAR) have signed a shareholder agreement for the construction of a combined cycle steam-gas power plant in the city of Niš. The agreements also envisage the establishment of a joint venture. The document was signed by the heads of EPS and "Srbijagas" Dušan Živković and Dušan Bayatović, as well as the …

Minister Đedović Handanović pointed out that this project is of long-term importance for Serbia's energy stability, system balancing and the introduction of cleaner energy sources during the energy transition. It is planned that the 500 MW plant will be built in the next four years, after the completion of the necessary studies and technical analyses. EPS Director Dušan Živković emphasized that the previous justification study has already been c…

Serbia and Azerbaijan have signed an agreement on the construction of a gas power plant in Niš.

Representatives of Elektroprivreda Srbija, Srbijagas and the state oil and gas company of Azerbaijan SOKAR signed the shareholders' agreement for implementation today.

Representatives of the Electric Power Company of Serbia, Srbijagas and the state oil and gas company of Azerbaijan SOKAR signed today an agreement on the establishment of a joint company for the gas power plant to be built in Nis. The contract was signed in the Government of Serbia by the Director General of EPS Dušan Živković, the General Director of Srbijagas Dušan Bajatović and the Advisor to the President of SOKAR for Development and Portfol…

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nsuzivo.rs broke the news on Wednesday, September 30, 2026.
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