Representatives of Serbia’s Ministry of Mining and Energy, Elektroprivreda Srbije (EPS), Srbijagas and the State Oil Company of Azerbaijan (SOCAR) have concluded negotiations in Istanbul on an agreement to establish a joint venture to develop and build a new gas-fired power plant in Nis, Report quotes the Serbian government as saying.<\/p>\n
“The agreement between the three companies is expected to be signed in Belgrade within the next month,” the government said.<\/p>\n
The new gas-fired power plant is expected to have a capacity of up to 500 MW and will generate both electricity and heat. Construction is scheduled to be completed within four years.<\/p>\n
The government noted that this will be the first joint project between EPS, Srbijagas and SOCAR and an important step toward further strengthening energy cooperation between Serbia and Azerbaijan.<\/p>\n
The construction of the power plant is expected to improve the reliability of energy supplies and create additional generating capacity amid rising electricity consumption in Serbia.<\/p>\n
Azerbaijan and Serbia signed an agreement in February 2026 on the construction of a gas-fired power plant near the Serbian city of Nis, with a capacity of 350 MW of electricity and 150 MW of thermal energy. The document was signed during Azerbaijani President Ilham Aliyev’s visit to Serbia.<\/p>\n
In early June, EPS and SOCAR signed key terms of cooperation in Baku for the development, construction and operation of the gas-fired power plant in Nis, defining the main principles for establishing the joint venture and the project’s key commercial parameters.<\/p>\n","protected":false},"excerpt":{"rendered":"
Representatives of Serbia’s Ministry of Mining and Energy, Elektroprivreda Srbije (EPS), Srbijagas and the State Oil Company of Azerbaijan (SOCAR) have concluded negotiations in Istanbul on an agreement to establish a joint venture to develop and build a new gas-fired power plant in Nis, Report quotes the Serbian government as saying. “The agreement between the […]<\/p>\n","protected":false},"author":2,"featured_media":5815,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50,38],"tags":[],"class_list":["post-5814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-world"],"_links":{"self":[{"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/posts\/5814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/comments?post=5814"}],"version-history":[{"count":1,"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/posts\/5814\/revisions"}],"predecessor-version":[{"id":5816,"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/posts\/5814\/revisions\/5816"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/media\/5815"}],"wp:attachment":[{"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/media?parent=5814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/categories?post=5814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/tags?post=5814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}