Supported byClarion Energy
HomeUncategorizedCredit line obtained...

Credit line obtained for development projects in Kolubara mine basin company

 

Kolubara mining basin company is preparing for opening of three new surface mine fields, which will secure the electricity production in next decades. For this investments, Kolubara mining basic company got credit line from EBRD and German development bank Kfw in total value of 150 mil euro..

Experts in biggest Serbian energy giant are preparing projects and necessary documentations so they can start next year the opening of new surface coal fields C, E and South field which should replace the existing D field. That D field was supplying more than 40% of coal from Kolubara to power plants.

– Credit line under excellent conditions is a great privilege for our company. So far assets from Europe was not that much invested in mining, due to the concerns for ecology but thanks to the serious and detail studies we proved that coal as energy source still does not have alternative and that with coal homogenization environment is being improved

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania: New electricity retail opportunities emerge as energy communities gain supplier options

Romania is reshaping the commercial framework for energy communities, potentially creating a new segment of the electricity retail market in which communities can choose between purchasing only their residual electricity needs from an external supplier or placing their entire...

Hungary: HUPX September power prices surge 17.5% as day-ahead trading volume falls

Hungarian electricity exchange HUPX recorded a sharp increase in September day-ahead electricity prices, while traded volumes declined from August but remained above year-earlier levels. The rise in prices increased wholesale procurement costs as the market entered the final quarter...

Croatia: CROPEX electricity prices rise in September despite lower trading volumes

Electricity prices on Croatia’s CROPEX exchange rose in September, despite lower trading volumes compared with August, pushing up wholesale procurement costs while overall market activity remained well above year-earlier levels. Total traded electricity reached 1.364 TWh, representing a 9.9% decline...
Supported byVirtu Energy