Electricity

Interim deal to keep managing EPCG with A2A

Published

April 3, 2015

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Published:

April 3, 2015

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The Government of Montenegro and Italian company A2A, leading shareholders of the Montenegrin electric power industry EPCG, have agreed on an interim agreement for a period of three months, following the expiry of the contract, Independent Balkans News Agency reported.

The A2A will continue managing EPCG in the same way it was set out in the agreement that expired on April 1.

The deal aims to create a negotiations framework on the conclusion of a new EPCG agreement, as well as the provision of undisturbed further activities necessary for the completion of the block 2 of the thermal power plant Pljevlja.

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