Serbia has completed negotiations with Azerbaijan for the construction of a gas-fired power plant near the city of Niš, in south-eastern Serbia. The project would be a joint project between the two countries, with an estimated capacity of around 500 MW, for a total investment of €600m. In November 2024, the two countries started discussions on a potential 1 GW gas-fired power plant in Niš, or two smaller units.
In addition to the power plant agreement, the Serbian government announced that a deal for additional gas supplies has been reached and is expected to be formally signed in the coming weeks. While Serbia already has contracted volumes with Azerbaijan, the new agreement secures extra quantities specifically for the upcoming winter season.
Serbia and Azerbaijan have been deepening their energy cooperation in recent years, as Serbia works to reduce its dependence on Russian gas. In November 2023, the two countries signed a supply agreement for up to 400 mcm/year of Azerbaijani gas between 2024 and 2026, to be delivered through the Interconnector Bulgaria-Serbia (gas deliveries temporarily raised to 1 mcm/d between November 2024 and March 2025). Further arrangements for additional deliveries during the 2024–2025 winter season were made in September 2024. That same month, Serbia and Azerbaijan also signed a memorandum of understanding to enhance cooperation in the field of green energy.
Interested in Power Plants?
Enerdata has developed a market research service to screen, monitor and analyse the development of power generation assets.
Power Plant Tracker offers an interactive database and a powerful search engine covering power plants worldwide – including both installed and planned capacities for renewables and fossil fuels.