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Serbia to invest half a billion euros in the modernisation of the low-voltage network

Serbia’s Deputy Prime Minister and Minister of Mining and Energy, Zorana Mihajlovic announced that investing in the low voltage network is necessary to increase the reliability of the electricity supply throughout Serbia.

“Now the situation is much better than a month ago when we had a similar amount of precipitation,” she said during a visit to the distribution and dispatch centre of the Electricity Distribution of Serbia in Belgrade. “I am glad that the EDS teams are on the field and that all problems are being solved as soon as possible. However, it is very important that we invest in the distribution system in the coming years in order to ensure a reliable supply throughout the country. We will invest more than half a billion euros in the next few years.”

According to her, the losses on the network cost around 200 million euros a year and the modernisation of the distribution system is therefore necessary. Bojan Atlagic, director of Elektrodistribucija Srbije, said that less than 0.1 per cent of users are without electricity supply and that all faults are eliminated. He thanked the Ministry as no investments in the reconstruction of the low-voltage network have been made for years.

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