- Press Releases
BELGRADE (Serbia), September 29 (SeeNews) - Serbian company Beo Cista Energija (BCE) plans to complete the construction of an energy-from-waste facility near Belgrade in November 2022, the Serbian government said.
After the completion of the project, Belgrade will generate 10% of its heat and 5% of its electricity through waste, prime minister Ana Brnabic said in a government statement on Tuesday.
Beo Cista Energija is a special purpose vehicle formed by French utility company Suez, Japanese conglomerate Itochu and pan-European equity fund Marguerite Fund, through the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA).
The companies entered a 25-year public-private partnership (PPP) with the City of Belgrade in 2017 for the construction of an energy-from-waste facility, a facility for construction and demolition waste (CDW), the remediation, closing and aftercare of the existing Vinca landfill and the construction of a new EU-compliant landfill, an investment worth 300 million euro ($350 million).
Beo Cista Energija closed the old landfill on August 2 and opened a landfill for disposal and recycling of construction waste on August 18, Brnabic said on Tuesday.
The energy-from-waste facility will produce up to 30 MW of electricity, plus 56 MW of heat purchased by the municipal company Beogradske Elektrane, reducing the natural gas consumption of its Konjarnik plant by 80% in the cold season.
($ = 0.8559 euro)