Nove Elektrarne Republike Srpske
{{#badges: CoalSwarm|Navbar-Bosnia-Herzegovinacoal}}Nove Elektrarne Republike Srpske (NERS) was a joint venture company formed between the publicly owned Elektroprivreda Republike Srpske (ERS) and CZE.
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Proposed coal-fired power station expansion
In 2006 CZE reached an agreement with ERS to form a joint venture company, Nove Elektrarne Republike Srpske, which would upgrade the existing Gacko thermal power plant, built a second unit at the power station and expand the nearby Gacko coal mine. In return for investing €1.5 billion in the project, CEZ gained a 51% stake in the new joint venture company.[1] However, In January 2009 CEZ pulled out of the deal stating that it was because of "repeated breach of the implementation contract by its partners in Bosna and Hercegovina."[2] See Gacko Thermal Power Plant Expansion for more details.
Articles and Resources
Sources
- ↑ "European Energy Community", Euracoal website, accessed October 2012.
- ↑ CEZ, "ČEZ applied its safety option in the Gacko project", Media Release, January 28, 2009.
