Joint Stock Company Elektroprivreda Srbije and Čibuk 2 Wind Energy company signed contracts for electricity purchase from Čibuk 2 windfarm with capacity of 150 MW. The contracts on purchase, assuming the balance responsibility and market premium were signed by Dušan Živković, General Manager of EPS, and Vladimir Milanović, Director of Čibuk 2 Wind Energy.
Signing of the contract was attended by the Minister of Mining and Energy, Dubravka Đedović Handanović, and it is about the contract that was signed further to an auction conducted by the Ministry of Mining and Energy. Signing of these contracts was also attended by Mohamed Jameel Al Ramahi, Executive Director of Masdar.
- By signing the contract for electricity purchase with Čibuk 2 windfarm, Elektroprivreda Srbije proves one more time its commitment to being a stable partner to green energy investors – said Dušan Živković, General Manager of Elektroprivreda Srbije. – Investments in construction of power plants that use renewable energy sources are very important for production portfolio and for position of EPS at the market. Prices of purchase and balancing are determined based on market principles which is of great importance for EPS since it will enable continuing the process of commercialization of the company, as well as additional profit.
