Serbia, Alta to Construct 500 Million Euro Thermal Power Plant
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Serbia and Alta AS, a Czech engineering and energy company, signed a letter of intent to develop a coal-fired power plant and a lignite mine in southwestern Serbia.
The 500 million euro ($650 million) plant in Stavalj, 250 kilometers (155 miles) south of Belgrade will have 350 megawatt installed capacity, Serbia’s Infrastructure and Energy Minister Milutin Mrkonjic told reporters in Belgrade today. The plant will use coal from a nearby lignite mine and the pit’s development will require another 150 million euros, he said.