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 […]

EPCG to invest EUR 51 million in 2020

Power utility Elektroprivreda Crne Gore (EPCG) intends to invest EUR 51 million this year in projects within the electricity generation sector and the development and engineering department. Last year, EPCG’s capital expenditures were EUR 9.35 million, and in October it announced EUR 700 million would be invested in new renewable energy capacities. The construction of the Briska […]