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Dec 29, 2020 14:57 EEST
December 29 (SeeNews) - Serbia's government signed an agreement to assume ownership of system operator EPS Distribucija from state-owned power utility Elektroprivreda Srbije (EPS), it said on Tuesday.
The goal of the ownership change is to achieve a more efficient operation of both companies and strengthen power distribution and production activities, energy minister Zorana Mihajlovic said as quoted in a government statement.
EPS Distribucija will now start a process for obtaining a system operator licence, Mihajlovic said.
Earlier this month, the Serbian government adopted a plan to unbundle EPS and establish an independent system operator by May 1.
The government also adopted a plan for the separation of the transportation and distribution activities of state-owned natural gas monopoly Srbijagas in December, in line with the country's obligations in accession talks with the EU.
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