MEPSO and Siemens sign contract for Dubrovo substation revitalization
Electricity Transmission System Operator of Macedonia (MEPSO) and the consortium of Siemens and SisKon have signed a contract on revitalization of Dubrovo 400/110kV substation, worth EUR 4.6 million. With this project MEPSO starts new investment cycle in revitalization of the network, worth more than EUR 50 million. At the signing of ceremony held last week […]
Paris Agreement causes disagreements in Montenegro over Pljevlja TPP
The ratification and drafting of a law to implement the Paris Agreement on climate change has caused a public debate in Montenegro over whether the agreement will or won’t endanger the construction of a new block at the country’s only coal-powered plant in Plevlja. The government says the agreement poses no danger to the reconstruction […]
Court unblocks A2A shares in Montenegrin power company EPCG
The High Court in Podgorica has decided to unblock shares of Italian company A2A in Montenegrin power company, Elektroprivreda Crne Gore (EPCG). The court previously blocked the shares of A2A over a proceeding against several former EPCG managers. Montenegrin media reported that the chamber presided over by the president of the Higher Court in Podgorica, […]
Montenegro secures funds for construction of wastewater treatment plant in its capital
Montenegro has secured most of the needed funds for the construction of a wastewater treatment plant in Podgorica, worth EUR 50 million. The international tender for the construction of the plant is expected to be published in the first quarter of 2018. Two loan agreements has been today signed between the Government of Montenegro and […]
CEDIS invests EUR 78 million in electricity distribution network
Montenegrin Power Distribution System (CEDIS), which operates as distribution system operator, will invest EUR 78 million in the development and maintenance of the electricity distribution network in the country in the next three years, Montenegrin media reported. According to three-year investment plan, CEDIS will continue the installation of smart electric meters, the construction of new […]
First payment to A2A for withdrawal from EPCG by May 2018
The Government of Montenegro intends to pay the first installment to the Italian company A2A for its shares in Montenegrin electric power company, Elektroprivreda Crne Gore (EPCG), before the deadline expires in May 2018. By then, the government will also examine other payment options foreseen by the contract with the Italian company, the Ministry of […]
Montenegro to install 45,000 smart meters by January 2019
The Montenegrin electricity distribution company, Crnogorski elektrodistributivni sistem (CEDIS), has launched the third phase of a project aimed at introduction of smart metering system in Montenegro. In this phase, 45,000 smart meters will be installed by January, 2019. CEDIS announced that 14,800 smart meters will be installed in the central region, 18,000 at the Montenegrin […]
Montenegrin government issues operating permit for Krnovo wind farm
The Montenegrin Ministry of Sustainable Development and Tourism issued an operating permit late in August 2017 for the Krnovo wind farm which started tests of its wind turbines in May this year. The Krnovo wind farm is a EUR 120 million investment which led the Montenegrin authorities to decide to raise subsidies for electricity from […]
