Representatives of China Huadian Hong Kong Company Limited (CHDHK) and Tianjin Dredging Corporation (CCCC TDC), Energy Complex Belgrade and Naftna Industrija Srbije (NIS) are ready to “continue the realization of the Energy Complex Kovin project at an increased pace”.
They discussed the project with the vice president of the Provincial Government, Djordje Milicevic on Friday, December 15, 2017. Milicevic said that the projected financial effects of this investment on Serbia and Vojvodina were excellent and that the Provincial Government and the competent institutions were available to investors for everything in the competence of the provincial administration in the procedures envisaged by Serbian law.
The Energy Complex Kovin project involves the construction of an underwater coal mine and a thermal power plant of an expected installed power of 700 MW, to be located on the left bank of the Danube, in the area of the settlements Malo Bavaniste and Dubovac, 70 kilometers away from Belgrade.
The beginning of the construction of a thermal power plant in Kovin had been announced for 2013
, but media reported two years ago that the Chinese companies were considering giving up on the project.