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===[[TPP Kostolac Power Plant]]===In 2009, China president Hu Jintao and Serbia president Boris Tadic signed a 15-year agreement for China to invest $1.25 billion in Serbia’s infrastructure and energy. through [[OPM Kostolac]], a unit of Serbian power monopoly [[Elektroprivreda Srbije]], plans to revitalize two 350-megawatt power blocs and build a desulphurization unit, rail tracks and a new port on . The deal is the Danube river, the first phase of a billion-dollar project that would also lead to the construction of latest in a new power bloc and expansion series of its coal mines. Two existing plants at energy projects agreed over the [[TPP Kostolac Power Plant]]past two years with China, along with respective installed capacity of 100 megawatts and 200 megawattsRussia, will be decommissioned when Serbia faced international isolation in 2017 and 2024 and replaced with the new one. Kostolac currently relies on the [[Drmno mine]], which has around 350 million tons of remaining coal reserves, and is considering acquiring the nearby Dubravica field, which contains around 400 million tons of recoverable coal reserves out of an estimated deposit of 1 billion tons.<ref name=gf>Gordana Filipovic, [http://www.bloomberg.com/news/2011-11-01/serbian-mine-sees-chinese-vattenfall-agreements-for-upgrades.html "Serbian Mine Sees Chinese, Vattenfall Agreements for Upgrades"] Bloomberg, Nov 1, 20111990s.</ref>

The initial plan was for a new power bloc is expected to produce 2.5 billion kilowatt-hours of electricity a year based on 7,000 operating hoursreplace the two existing plants at the [[TPP Kostolac Power Plant]], compared with the total national output respective installed capacity of 35 billion kilowatt-hours100 megawatts and 200 megawatts. The first phase will take 30 months plants were to complete. The second phase, to start be decommissioned in 2014, will be worth around $700 million 2017 and 2024 and involves a new 350-megawatt bloc replaced with a lifespan through 2060 and the expansion of new one, fueled by the [[Drmno mine]] , which has around 350 million tons of remaining coal deposit reserves, and the planned acquisition of the nearby Dubravica field, which contains around 400 million tons of recoverable coal reserves. The $700 million new power bloc should was expected to produce 2.5 billion kilowatt-hours of electricity a year based on 7,000 operating hours, and would start generating power between 2014 and 2020.<ref name=gf>Gordana Filipovic, [http://www.bloomberg.com/news/2011-11-01/serbian-mine-sees-chinese-vattenfall-agreements-for-upgrades.html "Serbian Mine Sees Chinese, Vattenfall Agreements for Upgrades"] Bloomberg, Nov 1, 2011.</ref>

On In October 20, 2011, 2012 it was reported that Serbia's power utility Elektroprivreda Srbije (EPS) said it had signed a preliminary deal with a Chinese consortium plans to apply to jointly build a 744 megawatt coal-fired unit at an estimated cost of more than 2 billion euros ($2.7 10 billion). Under the deal, a consortium fund that includes [[China Environmental Energy Holdings]] earmarked for investments in 16 countries of central and [[Shenzhen Energy]], and EPS, will form a joint venture eastern Europe. The loan would be for the future $700 million project to add a new 350-megawatt plant in the southwestern town of Obrenovac, part of its Kostolac power generation complex and increase coal output at the [[TPP Nikola Tesla Power PlantDrmno mine]] power complexfrom 9 to to 12 million tons a year. An China Machinery Engineering is already involved in an upgrade of two plants at Kostolac B, supported by a $344 million 20-year loan from the Radeljevo coal mine will feed the plant. The deal is the latest in a series Export-Import Bank of energy projects agreed over the past two years with China, along with Russia, when Serbia faced international isolation in the 1990sor Exim Bank.<ref>Maja ZuvelaMisha Savic, [http://www.reutersbloomberg.com/articlenews/20112012-09-27/10/20/usserbia-will-seek-chinese-funding-to-serbiaexpand-chinakostolac-power-idUSTRE79J6O420111020 plant.html "SerbiaWill Seek Chinese Funding to Expand Kostolac Power Plant, China sign deal for coal plant, mine"] ReutersBloomberg, Oct. 20Sep 27, 20112012.</ref>

===[[TPP Nikola Tesla Power Plant]]===On November 1October 20, 2011, ''Bloomberg'' reported EPS said it had signed a preliminary deal with a Chinese consortium to jointly build a 744 megawatt coal-fired unit at an estimated cost of more than 2 billion euros ($2.7 billion). Under the deal, a consortium that includes [[KostolacChina Environmental Energy Holdings]] expects and [[Shenzhen Energy]], and EPS, will form a joint venture for the future project in the Export-Import Bank southwestern town of Obrenovac, part of its [[TPP Nikola Tesla Power Plant]] power complex. An upgrade of China to approve a $344 million loan soon to finance the Radeljevo coal mine will feed the plant upgrades in 2012. Kostolac also wants to win a two<ref>Maja Zuvela, [http://www.reuters.com/article/2011/10/20/us-serbia-china-year accord with Germany’s Vattenfall Europe AG to provide consultancy services and help Kostolac improve openpower-pit operationsidUSTRE79J6O420111020 "Serbia, China sign deal for coal plant, mine"] Reuters, Oct. 20, 2011.</ref name=gf/>