The two companies will set up a joint company to build the projects, which are expected to have a total capacity of 150MW and take five years to complete.
EPS and RWE in deal to build hydro plants
Serbia’s Elektroprivreda Srbije (EPS) and RWE Innogy GmbH have signed a EUR352M agreement to build five new hydroelectric projects on the Velika Morava river, newswires have reported.