Serbia, China Sign Deal for Coal Plant, Mine

Reuters reported that Serbia and China have signed a joint venture agreement for construction of a coal-fired plant.

As quoted in the market news:

Under the deal, the consortium that includes China Environmental Energy Holdings Co. Ltd and Shenzhen Energy Group Co. Ltd, and EPS will form a joint venture for the future project, EPS said in a statement. It said the project includes the construction of the coal-fired unit in the southwestern town of Obrenovac, part of its Nikola Tesla power complex, and upgrade of the Radeljevo coal mine that will feed the plant.

Click here to read the full market news.