Montenegrin Government looking for investor to finance EPCG’s takeover from A2A
The Government of Montenegro intends to buy shares of the Italian company A2A in power utility Elektroprivreda Crne Gore (EPCG) with the support of a financial institution, as well as to hire a legal advisor for assistance in privatization, Montenegrin media reported. Montenegrin Government has a stake of 51% in EPCG while A2A owns 41%. […]
Dragan Kujović new Executive Director of Montenegrin TSO CGES
An extraordinary Shareholders Assembly of Montenegro’s state-owned utility Crnogorski elektroprenosni sistem (CGES) elected Dragan Kujović as Executive Director of the company, CGES said in a statement. CGES is a joint stock company and transmission system operator (TSO) in Montenegro. “Shareholders Assembly relieved former Executive Director Ivan Bulatović of his duty after the expiry of his four-year mandate,” […]
Over 80% of Energy Wood III funds for biomass fuel loans are used
More than 200 interest free loans for modern biomass heating systems have been approved within the third phase of the Energy Wood program since its implementation started in Montenegro. Those loans accounted for more than 80 per cent of the project funds. Energy Wood III program started on October 16. It has given citizens a […]
Montenegro’s RAE becomes first Energy Community regulator to join ACER’s working groups
The Montenegro Energy Regulatory Agency (RAE) fulfilled a strict criteria, including compliance with the Third Energy Package and regulatory independence, for the participation of its experts in the Agency for the Cooperation of Energy Regulators’ (ACER) working groups as of January 2018. RAE is the first national regulator from the Energy Community (EnC) Contracting Parties […]
New stage in upgrading energy efficiency of public buildings in Montenegro
Montenegro’s Ministry of the Economy published an invitation for offers in the pre-qualification procedure for tenders to upgrade the energy efficiency of two schools and a social services institution. The invitation for offers was made as part of stage two of the Energy Efficiency in Public Buildings program, the ministry said in the invitation and […]
Energy Wood III program has sparked interest for clean fuel in Montenegro
More than a half of the funds aimed for free loan project for purchase and installation of modern biomass heating systems – pellet and briquette – have been used in Montenegro so far, in the Energy Wood III phase. The Ministry of Economy of Montenegro, that provided funds in the amount EUR 85.000 for implementing […]
UNDP is looking for Negotiating Chapter 27 consultant in Podgorica
United Nations Development Programme is looking for a consultant in Podgorica, Montenegro, for Negotiating Chapter 27 (Environment). The deadline for application is November 5, and the starting date December 4, 2017. Expected duration of the assignment is 22 months. The main objective of this assignment is to strengthen administrative capacities of the Ministry of European […]
Montenegro’s Ulcinj coastal resort to get new substation to help solve power shortages
Montenegrin Power Distribution System (CEDIS) has started the construction of a substation in Ulcinj to help ease the power supply problems facing that part of the country’s coastline where power consumption has been increasing steadily over the past few years, especially during the summer tourist season.The construction of the substation with two high voltage power […]
