GSP Novi Sad to procure 30 buses from EBRD loan proceeds in 2020

The members of the City Assembly of Novi Sad have authorized the city's public transport company GSP to take out a loan of EUR 7 million from the European Bank for Reconstruction and Development (EBRD) for the purchase of 30 buses.

As the 021 portal reports, the EBRD will carry out a tendering procedure for the purchase of 25 solo gas-powered buses and five articulated buses, also powered by gas. The loan that the City of Novi Sad is to take out entails a grace period of one year, and the repayment period is seven years with an annual rate of 2.2%. This credit is provided to the City of Novi Sad, that is, GSP, within the support of the EBRD to “green projects”, as the new buses run on CNG (methane).

Grad Novi Sad

JGSP Novi Sad

EBRD Evropska banka za obnovu i razvoj

buses

procurement of buses

solo buses

articulated buses

CNG