Business News
NIS has commenced pilot operation of two small gas-fired power plants, enabling electricity generation from previously untapped gas reserves at the Banatsko Miloševo and Srpska Crnja fields. The total investment in these facilities amounts to nearly two billion dinars, with a combined installed capacity of five megawatts.
The Banatsko Miloševo plant will be able to produce 21 GWh of electricity and Srpska Crnja will generate 19.5 GWh per year — together enough to supply around 8,000 average households. These projects allow the company to expand electricity generation by utilizing previously unusable gas reserves, reduce harmful atmospheric emissions, and improve overall energy efficiency. The electricity generated will be delivered to external customers or utilized for the company’s operational needs.
“Commissioning these new facilities once again demonstrates our commitment to the rational use of national energy resources and the modernization of energy infrastructure. This investment allows us to monetize previously unusable gas reserves achieving a high level of energy efficiency, applying advanced management and control systems, and adhering to the highest environmental standards,” said Grigorije Tešanović, Project Management Manager at NIS.
The project for building small power plants at NIS oil and gas fields has been underway since 2013 as part of the company’s long‑term strategy aimed at advancing the energy transition, improving efficiency through rational resource use, and strengthening environmental performance. To date, NIS has commissioned 22 generation and cogeneration modules across Serbia, with total investments in this business segment exceeding 28 million euros.
