Serbia’s 189-megawatt TETO Pancevo thermal power plant, the country’s first gas-steam power plant, was connected to the power grid, its minority owner the Petroleum Industry of Serbia (NIS) said.

It is estimated that TETO Pancevo will deliver about 1,400 GWh of electricity in 2023, which is enough to meet the annual needs of around 300,000 households, NIS said in a press release on Monday.

NIS, 56.15%-owned by Russia’s Gazprom and Gazprom Neft, is one of the largest vertically integrated companies in Southeast Europe. Its main activities include the exploration, production and processing of oil and gas, as well as the production and retail trade with a wide range of petroleum products.

Source: SeeNews, Momentum