Supported byClarion Energy
HomeNews Serbia EnergyEPS delays power...

EPS delays power generation at Kostolac wind farm over handover and contract issues

Serbia’s state-owned power utility EPS said the Kostolac wind farm is not currently generating electricity. The company attributed the lack of output to the project not yet being formally handed over by the contractor. EPS also rejected claims that any outage is linked to weather conditions.

Unresolved contractual obligations block final takeover

EPS said the facility has not been officially accepted as completed because outstanding contractual obligations remain unresolved. The utility cited an original completion deadline of 30 October 2024. More than a year later, EPS said the contractor has still not fulfilled all agreed requirements. Until those conditions are met, the utility will not issue the final takeover certificate.

Talks continue with contractors and turbine supplier

EPS confirmed it is continuing discussions with the contractors and turbine supplier Siemens Gamesa to address remaining issues. The company said completing the project is in the interest of stakeholders involved in delivery and financing. Those stakeholders include contractors, equipment suppliers, financial institutions, and project donors such as the European Union and Germany’s development bank KfW.

Trial operations and project specifications for 66 MW Kostolac

The 66 MW Kostolac wind farm began trial operations in late November 2025. EPS said the project delivered its first electricity to the grid during that period. The wind farm comprises 20 wind turbines installed on former lignite mining land within the Kostolac complex. EPS described it as its first wind energy project and part of efforts to diversify its generation mix.

Once fully operational, EPS said the wind farm is expected to produce around 187 million kWh annually. The company estimated this would be enough to supply approximately 30,000 households. The total project cost was reported at €144 million, financed through a €110 million KfW loan, a €30 million EU grant, and additional funding from EPS itself.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Serbia begins documentation for €2.6 billion Đerdap 3 pumped storage

Contract for planning and technical documentation Serbia has started formal project-documentation work for the planned 1.8 GW Đerdap 3 pumped-storage plant, advancing one of Southeast Europe’s largest prospective storage projects toward engineering. The Serbian Energy Ministry signed a contract with...

Windey considers equity stake in Fintel’s 854 MW Maestrale Ring wind project

Windey is targeting an equity stake in Fintel’s 854 MW Serbian wind portfolio, according to a new strategic agreement. China’s Windey Energy is also considering direct equity investment in Fintel Energia Group’s 854 MW Maestrale Ring wind project in...

Serbia draws on diesel reserves as NIS seeks new US operating licence

Oil company NIS has asked the U.S. Treasury for a new operating licence beyond Sept. 30. Serbia has started drawing on mandatory diesel reserves as refinery sanctions risk rises and domestic supply tightens. The government cited weaker commercial imports...
Supported byVirtu Energy