Investigators release Gogol-Center artistic director after questioningSociety & Culture May 24, 2:32
London may be among contenders for 2018 FIDE chess world championship — FIDESport May 24, 2:29
Putin begins talks with visiting Philippine leaderRussian Politics & Diplomacy May 24, 0:15
Mechanism of alerting on cyberattacks practically never used by US — spokespersonWorld May 23, 22:19
Putin praises work of Independent Public Anti-Doping CommissionSport May 23, 20:38
Russia needs expanding representation in global sports federations — ministerSport May 23, 20:21
Russian athletes must be trained for Olympics under certain geographic conditions — PutinSport May 23, 19:38
Final charges brought against Russian ex-economy minister UlyukayevBusiness & Economy May 23, 18:59
WADA delegation to visit Moscow this week to help with membership reinstatementSport May 23, 18:48
BELGRADE, August 8 (Itar-Tass) - Security Equity Partners has terminated a contract with the government of Serbia for the construction of a solar power station. The U.S Company’s representative said on Thursday that Security Equity Partners would sue Serbia for 160 million euro worth of losses at the London Court of International Arbitration.
Security Equity Partners claims that the Serbian government has violated the contract terms by failing to provide a 3,000-hectare land allotment for the station’s construction.
The contract for building Europe’s biggest solar power station with a capacity of 1,000 megawatts in Serbia was signed in October 2012. The project was estimated to cost 1.75 billion euro.
However, representatives of Serbia’s Energy Ministry say that the Serbian government offered ten various land plots with a total area of 30,000 hectares to Security Equity Partners but none of them suited the company for various reasons.