Diplomat says US sanctions may destroy prospects for better relations with RussiaRussian Politics & Diplomacy July 26, 10:08
Survey suggests Russians showed little interest in Nemtsov murder caseSociety & Culture July 26, 8:33
Military aviation deployed in Kazakhstan and Russia's Siberia ahead of Soyuz launchScience & Space July 26, 7:21
US denies arms supplies to Ukraine — State Department spokespersonWorld July 26, 7:12
UN Security Council blocks statement condemning attack on Russian embassy in DamascusWorld July 26, 4:27
Russia looks into its citizen’s removal from domestic US flightWorld July 26, 3:43
US House of Representatives passes bill to toughen sanctions on RussiaWorld July 26, 1:09
Diplomat blasts US media reports on Russia's alleged arms supplies to TalibanRussian Politics & Diplomacy July 25, 21:39
Putin, Iraqi vice-president discuss possible supplies of T-90 tanksMilitary & Defense July 25, 21:18
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.