CEO of Serbian oil company NIS, majority owned by Russian GazpromNeft, Kirill Tyurdenev said that the company is planning to invest 140 million euros in the construction of wind farm Plandiste.
Tyurdenev said that this project will enable NIS to become a major player in Serbian electricity market, further increasing the company’s revenues. Plandiste wind project has been jointly developed by NIS and Energowind, where two companies held equal stake in the project. In April 2013, NIS paid 9 million euros for Energowind’s 50 % stake. It will have 34 wind generators and overall power output of 102 MW, with expected generation of 212 GWh of electricity per year.
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Tags: construction, electricity, investment, NIS, Plandiste, Serbia, wind, wind farm