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BELGRADE (Serbia), November 13 (SeeNews) – Serbia's government has completed a technical study for the construction of a 350 MW thermal power plant (TPP), energy minister Aleksandar Antic said.
"The technical study justifies the construction of the power plant, as the electricity needs of Serbia and the world will grow and we need new facilities," Antic said on Tuesday, according to a press release issued by Serbian state-owned power utility Elektroprivreda Srbije (EPS).
The power plant, named Kolubara B, will have 220 employees and 1,000 workers will participate in its construction, the managing director of EPS, Milorad Grcic, has said.
The construction of Kolubara B, located in the town of Veliki Crljeni, in central Serbia, started in the early 1990s but was abandoned shortly afterwards due to the break-up of Yugoslavia. In June 2011, EPS signed a preliminary agreement with Italy's Edison to set up a joint venture for the construction of the plant and in 2012 the European Bank for Reconstruction and Development (EBRD) expressed interest in financing the project.
In September 2013, however, the EBRD said it was no longer interested in financing the plant, due to its policy for limiting lending for coal-fired power plants construction projects and in 2014 the project was abandoned again.