This WBIF technical assistance grant has funded the preparation of a Feasibility Study, Preliminary Design and Environmental and Social Impact Assessment to determine the feasibility and viability of upgrading the existing 220 kV overhead line (OHL) to a 400 kV (single or double circuit) connection between substations (SS) Kraljevo 3 and Bajina Basta. This investment is the first phase of the Central Serbia electricity transmission system upgrade from 220 kV to 400 kV voltage level.
The Serbian transmission system, due to its geographical position, represents the interface between all other power systems in the region. It is interconnected with eight neighbouring transmission systems. This investment will allow the transfer of energy from the eastern part of the South Eastern European region, Moldova, Turkey and eventually Ukraine (area with lower electricity prices) to the south-west part of the region and further to Western Europe (Italy and the rest of Europe with much higher electricity prices) through a huge increase of grid transfer capacity in the mentioned corridor, thereby contributing to the overall economic development and social welfare.
