The Serbian government is seriously considering the construction of a joint nuclear power plant with Bulgaria, Serbian Minister of Mining and Energy Petar Skundric stated on July 8.

Skundric told the press that he personally has nothing against the idea, adding that the construction of a joint nuclear power plant with Bulgaria would reduce the cost of electricity in Serbia, and position Serbia higher in the electric energy system of European countries.

Serbia received the proposal to participate in the building of the joint plant from Bulgarian Prime Minister Bojko Borisov during his visit to Serbia on April 26, 2010, after which Skundric consulted partners in China about a potential credit support for the participation.

Skundric and Chief of EU Delegation in Serbia Vincent Degert visited the construction site of a new power line in Leskovac.

Degert told the press that the EU invested EUR500 million into various projects in the Serbian energy system, adding that Serbia will enjoy multiple benefits from the power line which is under construction in the south.

The power line will help Serbia attract foreign investors and empower its electric energy network, Degert stated.