Elektroprivreda Srbije

Elektroprivreda Srbije

Native name	Електропривреда Србије
Type	State-owned enterprise
Industry	Electric utility
Predecessor	Električno preduzeće Srbije (1945-1965) Združeno Elektroprivredno preduzeće Srbije (1965-1991)
Founded	Belgrade, Serbia (July 1, 2005 (2005-07-01)) First founded 1991
Headquarters	Belgrade, Serbia
Area served	Serbia
Key people	Milorad Grčić (CEO)
Products	Electric power Coal
Production output	37.04 TWh (2013)
Services	Electricity generation and distribution, electricity retailing, mining
Revenue	€1.917 billion (2013)
Net income	€167.23 million (2013)
Total assets	€9.588 billion (2013)
Total equity	€6.979 billion (2013)
Owner	Government of Serbia (100%)
Number of employees	31,569 (2013) 36,038 (2013, including employees from the Kosovo disputed territory}
Subsidiaries	EPS Distribucija
Website	www.eps.rs

Elektroprivreda Srbije (abbr. EPS; full legal name: Javno preduzeće Elektroprivreda Srbije Beograd) is the state-owned electric utility power company with headquarters in Belgrade, Serbia. It was founded in 1991 and it has about 31,500 employees, making it the largest enterprise in the country.

The company has an installed capacity of 8,359 MW and generates 37.04 TWh of electricity per year. Its installed capacity in lignite-fired thermal power plant is 5,171 MW, gas-fired and liquid fuel-fired combined heat and power plants is 353 MW, and hydro power plants is 2,835 MW. EPS also operates three power plants of total capacity 461 MW which are not in the ownership of the company.

EPS is also the largest producer of lignite in Serbia operating in the Kolubara and Kostolac basins, producing around 37 million tonnes per year. These two power plants has total installed capacity of 1,029 MW per year.

Since 1870, the coal production has begun in Serbia. Fourteen years later, the first electric lighting in Serbia was furnished in the military office building in Kragujevac. On October 6, 1893, the first Serbian power plant in Belgrade started with the production of electricity.

In 1900, the first alternating current hydroelectric power plant Pod gradom in Užice on the river Đetinja went online. This power plant is still operating. The first alternating current transmission line from hydroelectric power plant Vučje to Leskovac, with the length of 17 kilometres (11 mi), went online three years later. In 1909, hydroelectric plants Gamzigrad in Zaječar and Sveta Petka in Niš began to build. Two years later, the hydroelectric power station on the river Moravica in Ivanjica was put in the operation.