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Serbia and Azerbaijan Progress on 500 MW Gas Power Plant in Niš

Negotiations are advancing for a new gas-fired power plant in Niš, Serbia, as Energy Minister Dubravka Đedović engages with representatives from Azerbaijan’s SOCAR. This initiative is part of a broader strategy to enhance Serbia’s energy infrastructure and ensure reliable electricity supply.

Recent discussions have intensified, focusing on harmonizing technical specifications and commercial terms for the proposed facility. The momentum follows an intergovernmental agreement signed earlier this year between the two nations, which has laid the groundwork for these developments.

Azerbaijani experts are conducting thorough consultations with key Serbian stakeholders, including EPS and Srbijagas. Authorities anticipate that essential contractual agreements will be finalized by early May, which would facilitate the next phase of the project’s evolution.

The forthcoming agreement is expected to clarify roles, ownership structures, and financial responsibilities among partners involved in the project. A joint venture is anticipated to oversee both the construction and operational phases of the plant, aimed at bolstering Serbia’s energy framework and providing a more stable electricity supply to southern regions and industrial consumers.

Initial plans suggest that the facility will feature an installed capacity of approximately 500 MW, along with around 150 MW of thermal output. However, these figures may adapt based on financial assessments and investment feasibility. The commissioning of the plant is projected for around 2030.

This project underscores the strengthening energy collaboration between Serbia and Azerbaijan. With increasing gas imports from Azerbaijan in recent years, it is estimated that the new plant will utilize about 600 million cubic meters of gas annually, further solidifying bilateral energy relations.

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