June 22, 2024
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HomeUncategorizedSerbia's "Bajina Basta" power plant gets revitalized

Serbia’s “Bajina Basta” power plant gets revitalized

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Serbia’s First Deputy Prime Minister and Minister of the Interior Ivica Dacic said today that Serbia’s energy sector and state energy company Elektroprovreda Srbija (EPS) should remain in majority state ownership and that in this field it is necessary to enter into strategic partnerships and make recapitalisation in order to develop the domestic energy sector.

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Speaking at a ceremony which marked putting into operation the second revitalized power unit of the hydro electrical power plant “Bajina Basta,” Dacic expounded that keeping energy resources in majority state ownership does not mean that the state should have a monopoly in this area, but some degree of control.

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