Mali, Djedovic Handanovic sign deals with EBRD to bring renewables to heating plants

BELGRADE - Serbian First Deputy PM and Finance Minister Sinisa Mali and Minister of Mining and Energy Dubravka Djedovic Handanovic signed on Tuesday contracts and agreements completing a financing arrangement for a new 40.5 mln euro programme with the European Bank for Reconstruction and Development (EBRD) that will introduce renewable energy sources in ten heating plants in Serbia.

With EBRD President Odile Renaud-Basso, who is visiting Serbia, Mali signed a contract on a 30 mln euro loan, while Djedovic Handanovic signed agreements on donations by the Swiss Secretariat for Economic Affairs totalling 4.5 mln euros and a 3 mln euro EU donation as part of the Regional Energy Efficiency Programme.

Combined with an earlier agreement on 3 mln euro SECO grants, the deals secure the 40.5 mln euros required to carry out the project.

It will be implemented in Becej,...