A project worth EUR 23 million for the substation in Lastva Grbaljska has started, CGES (Montenegrin Electrical Transmission System) told Vijesti daily paper. The transmission system is part of the undersea cable connection between Italy and Montenegro. The substation, financed by majority state-owned CGES, is expected to be connected to the grid before the end of next year, the report said. As for the line to Pljevlja, this part of the investment will be returned through the transmission fee.
The undersea line shall be operable in 2018, Italian company Terna’s CEO Giovanni Armani said on March 28, Cdm.me portal reported. He added there were plans to lay another cable and connect Italy with France by 2019.