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Electricity to be supplied from the Ugljevik thermal power plant after more than 30 years

Slovenian energy companies HSE, Elektrogospodarstvo Slovenije (EGS-RI), Ugljevik Mine and Thermal Power Plant (RiTE Ugljevik) and Elektroprivreda Republike Srpske (ERS) signed contracts to regulate the start of the supply of electricity from RiTE Ugljevik after more than three decades. The contracts also include the method of payment of 67 million euros in compensation for the unsupplied electricity in the 2011-2021 period, which HSE has been awarded in an arbitration procedure.

RiTE Ugljevik will begin to fulfil its obligation to the company EGS-RI and start supplying electricity through HSE, specifically as early as this week, while the seven-year payment of compensation will begin on 30 June 2024.

The planned annual amount of electricity supplied will be 500 gigawatt-hours (GWh), which is enough to power 123,000 Slovenian households. The concluded agreement regarding the supply of electricity is valid until RiTE Ugljevik ceases to operate.

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