Ugljevik III lignite power plant, Bosnia and Herzegovina
October 7, 2014
The concession for Ugljevik III near Bijeljina in Republika Srpska, Bosnia and Herzegovina, is held by Russian billionaire Rashid Sardarov’s Comsar Energy.
Stanari lignite power plant, Bosnia and Herzegovina
October 7, 2014
EFT’s 300 MW Stanari power plant, constructed by China’s Dongfang, and financed by the China Development Bank, is located near Doboj in Bosnia-Herzegovina, in the Republika Srpska part of the country.
Kolubara B lignite-fired power plant, Serbia
October 6, 2014
The Kolubara B thermal power plant site is situated near Kalenic village, 60 km south-west of Belgrade, at the northern side of the Tamnava Open Cast Mine. The decision to build the 2 x 350 MW plant was taken in 1983 and construction started in 1988. Construction progressed slowly until 1992, when work was suspended due to sanctions against Serbia. At this stage, about 40 per cent of the facility had already been constructed, partly with the assistance of a World Bank loan.
Kostolac B3 power plant, Serbia
October 6, 2014
As of January 2024, Serbia’s state-owned utility Elektroprivreda Srbije is about to start operating a new 350 MW lignite plant at Kostolac in the country’s north-east. The project is receiving high level support and Chinese financing, but is plagued by concerns over its economics, pollution and legal irregularities.
Marubeni and Alstom’s corruption records cast new doubts on Croatian coal project, warns new analysis
October 2, 2014
Zagreb — Japan’s Marubeni Corporation and France’s Alstom – who have together been chosen as the preferred bidding consortium for the Plomin C* coal power plant project in Croatia – have a poor integrity record including several convictions for corruption offences which should raise alarm bells and increase vigilance among the Croatian public and potential financiers of the project, according to a new paper by CEE Bankwatch Network, published today.
Extra caution needed for Plomin C coal power plant project due to heightened corruption risks
October 2, 2014
The consortium that has been chosen as the preferred bidder for the controversial Plomin C 500 MW coal power plant project in Croatia consists of the two companies Marubeni and Alstom. Both have been involved in corruption scandals recently that led to sanctions from financing institutions. This briefing offers details on these cases.
Serbian energy sector needs overhaul
September 10, 2014
The news portal Deutsche Welle has visited the Kolubara lignite mine in Serbia and produced a short clip about the difficulties faced by the Serbian energy sector. Our Serbian colleague Nikola Perusic speaks in the video about the terrible landslide that happened in May 2013.
EBRD in Serbia: Don’t use floods to prop up coal
July 7, 2014
The EBRD should stick to its newly approved Energy Strategy and reject any investments in the Serbian coal sector, argue a group of 7 international NGOs in a letter sent to the bank’s board of directors today. The groups were concerned with recent statements by the EBRD according to which the bank’s regional flood response in the Balkans could include “rehabilitation of (…) damaged power stations and transmission and distribution networks.”
State support to the Kostolac coal power plant and mining basin in Serbia
June 30, 2014
This report by the Belgrade-based Center for Research, Transparency and Accountability – CRTA shows that the Serbian government is supporting the Kostolac coal power plant and mines with loan guarantees and potentially VAT exemptions.
Winners and losers – Who benefits from high-level corruption in the South East Europe energy sector
June 24, 2014
Energy is one of the biggest economic sectors in south-eastern Europe and is set to grow even further with the region moving closer to the EU. The region has high potential for energy efficiency and sustainable renewable energy investments. Yet, as this study illustrates with a number of examples, countries have shown little ability to absorb investments at a large scale without systemic corruption and patronage. See also an interactive map with summaries for each case at https://bankwatch.org/SEE-energy-corruption
