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Serbia's EPS coal output rises 5% in 2019

Author Radomir Ralev
Serbia's EPS coal output rises 5% in 2019 Milorad Grcic; Source: EPS

BELGRADE (Serbia), January 8 (SeeNews) - Serbian state-owned power utility Elektroprivreda Srbije (EPS) increased its coal production by 5% to 38.5 million tonnes in 2019, managing director Milorad Grcic said.

Coal production at the Kolubara mining basin amounted to 30 million tonnes last year, Grcic said in a statement last week.

"Thermal power plants produced about 3% more electricity compared with 2018," Grcic said.

Serbia's government said in July it plans to transform EPS into a joint-stock company in 2020 in order to improve the viability of its operations and ensure its professional management.