Electrica awards contract to SAP without tender

Power supplier and distributor Electrica Group signed a deal worth EUR 5.2 million with SAP Romania on August 1 after direct negotiation and without public tender, according to a report on Hotnews.ro, republished by Romania Insider. The selected company shall provide maintenance in the segment covered by SAP licenses at the utility’s information technology system. […]

Regulator approves EUR 1.2 billion investment in grid

Electricity transmission company Transelectrica SA said the National Energy Regulatory Authority (ANRE) gave the go-ahead for its ten-year plan to invest RON 5.5 billion (EUR 1.2 billion) in network upgrade. The operator produces a plan for the following decade on a biannual basis. The Romanian government-controlled company runs transmission and market operations including infrastructure. The […]

EBRD’s chief Chakrabarti touring Western Balkans

The last three years had been very productive for the European Bank for Reconstruction and Development in Montenegro, accounting for around half of the total EUR 530 million of investments in the country since it started work there, said Suma Chakrabarti, the international financing institution’s president. During his visit to the former Yugoslav republic within […]

Terna gets building permit for undersea cable

The Ministry of Sustainable Development and Tourism issued a building permit to company Terna Crna Gora d.o.o. for the installation of an undersea power cable through Montenegrin territory. The building permit is issued for setting up the 500 kV high voltage, direct current (HVDC) submarine and underground cable for electricity transmission in the section through […]

Montenegro Parliament ratifies shareholder contract with A2A

Lawmakers voted to accept the draft agreement with the state’s Italian partners in Electric Power Company of Montenegro (EPCG) late on July 29. A2A gets managing rights but also more responsibility, vice premier Vujica Lazović stated. The motion was passed with 41 votes in favor and 11 against. “The state will have bigger control over […]

CROPEX joined by Interenergo as first EU-based member

Company Interenergo Ltd., headquartered in Slovenia’s capital of Ljubljana, signed an agreement with CROPEX on July 26 to become a member with the right to participate in trading on the Croatian day-ahead market. Croatian Power Exchange Ltd. said Interenergo became the ninth member of the marketplace after five months of operational work, which started in February. […]

EBRD appoints Matteo Colangeli chief of Albanian office

The European Bank for Reconstruction and Development said Matteo Colangeli was named head of operations in Albania. Based in Tirana, he will take up his position on September 1, succeeding Christoph Denk, who has returned to the headquarters as director for country strategies and results. Matteo Colangeli joined the bank’s natural resources team in London […]