Europe: Natural gas prices...

European natural gas prices bounced back on Monday, June 2, after posting their...

Region: SEE electricity prices...

In Week 23 of 2025, electricity market prices surged across nearly all Southeast...

Europe: Fossil fuel and...

Brent oil futures for the Front Month in the ICE market recorded their...

Europe: Rising electricity prices...

In the first week of June, average prices in most major European electricity...
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 byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Albania: SOCAR to begin supplying natural gas to Korca

The State Oil Company of Azerbaijan (SOCAR) is set to launch natural gas supply operations in the Albanian city of Korca, marking the first phase of a larger initiative aimed at establishing a comprehensive gas distribution network throughout the...

FBiH: Net electricity production reached 473 GWh in June

Net electricity generation in the Federation of BiH fell to 473 GWh in June 2024 from 582 GWh in the same month last year, according to the data published by the statistical office. In the same period, electricity imports increased to 126 GWh...

Croatia: JANAF buys 5.2 MW solar park

Croatian oil pipeline operator JANAF has indirectly acquired the Bulinac solar photovoltaic power plant with an installed capacity of 5.18 MW as part of its diversification strategy, the company said in a filing to the Zagreb stock exchange.The acquisition of this...
Supported byVirtu Energy
error: Content is protected !!