Successful cooperation of state-owned power utility EPS and the World Bank will enable the reconstruction of obsolete and damaged electricity distribution network and the purchase of equipment for emergency power supply in the event of natural disasters, such as catastrophic floods that hit parts of Serbia in May 2014.
This project, financed by the World Bank, started in September 2014 as a part of emergency rehabilitation after the May floods and consists of several subprojects. For 2017, the reconstruction of five 110 kV substations is planned, as well as replacement of some 20,000 electricity meters and procurement of metering equipment for public lighting. The funds for this project are provided through the loan by the International Bank for Reconstruction and Development (IBRD).
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Tags: electricity distribution, electriicty, EPS, floods, IBRD, loan, reconstruction, Serbia, World Bank