The solar park will span 1.64 hectares, the Nis government said in the municipal gazette issue published online on Monday, announcing the launch of a detailed planning process for the project.
According to the Serbian business registry, Novi Sad-based Untermolo is wholly owned by private individual Jelena Crnic. It was established in July 2007 with a capital of 40,527 dinars ($380/345 euro).
Approached by SeeNews for information on the value of the planned investment, a Nis municipal gpvernment official declined to comment. Representatives of Untermolo were unavailable for comment by the time this article was published.
(1 euro = 117.196 dinars)