Serbian Minister of Mining and Energy Dubravka Đedović Handanović discussed further steps in the implementation of a project to build a 500 MW gas‑fired power plant near the city of Niš with representatives of Elektroprivreda Srbije (EPS), Srbijagas, and the Niš city administration, Report informs, citing Serbian media.
As part of preparations for the project, a steering committee, project management team, and five technical working groups have been established, while coordination among all participants has begun.
The preliminary feasibility study for the project is currently being coordinated with Azerbaijan's state oil company SOCAR.
"At this stage, the most important task is to finalise the shareholder agreement between EPS, Srbijagas, and SOCAR. The document will enable the establishment of a joint venture, define the commercial parameters of the project, and set out the responsibilities of the companies involved in its implementation," Đedović Handanović said.
The meeting also addressed the preparation of the necessary documentation, attracting investors for infrastructure development, and connecting the new power plant to the transmission grid.
The minister emphasised that the gas‑fired power plant near Niš is a strategically important project for Serbia. The facility will generate both electricity and heat, with construction scheduled for completion by 2030.
"This will be the first joint project between EPS, the Government of Serbia, and Azerbaijan's SOCAR. For Serbia, its implementation will mean strengthened energy security, reliable supply for consumers, and additional opportunities for industrial development in the south of the country," Đedović Handanović said.
Azerbaijan and Serbia signed an agreement in February 2026 on the construction of a gas‑fired power plant near Niš with a capacity of 350 MW of electricity and 150 MW of heat. The document was signed during Azerbaijani President Ilham Aliyev's visit to Serbia.
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 Niš, establishing the main principles for creating a joint venture and the key commercial parameters of the project.
https://report.az/en/energy/next-steps-for-gas-fired-power-plant-project-with-socar-discussed-in-serbia