Energy companies in Montenegro to invest EUR 734 million by 2024, EUR 1 billion in total

Energy companies in Montenegro plan to invest more than EUR 1 billion, of which EUR 734.6 million in the next four years, according to the third socio-economic package, adopted by the government to mitigate the coronavirus pandemic effects. The largest part of these investments will be implemented by state-owned companies Elektroprivreda Crne Gore (EPCG), Crnogorski […]

TENDERING: Podgorica to build wastewater treatment complex

The capital city of Montenegro invited contractors to express interest in the main project within its plan to upgrade the sewer network. The procurement in Podgorica is for wastewater and sludge treatment plants and sewage sludge incineration unit. Waterworks and sewage utility Vodovod i kanalizacija has issued a public call for prequalification for works cofinanced […]

EPCG is negotiating with EBRD loan for Gvozd wind farm

Power utility Elektroprivreda Crne Gore (EPCG) is negotiating a loan with the European Bank for Reconstruction and Development (EBRD) to finance the construction of the Gvozd wind farm. At the beginning of September last year, shareholders of EPCG approved the investment in the construction of the 54.6 MW Gvozd wind farm with Austria’s Ivicom Holding. […]