Elektroprivreda Crne Gore
Montenegro’s EPCG inks agreement with Nordex for Gvozd 2 project
25 March 2026 - In November 2024, the company began the construction of the Gvozd wind farm, with Nordex also contracted as the turbine supplier
Montenegro’s EPCG signs contract for Otilovići small hydropower plant
23 January 2026 - The contract, worth EUR 6.8 million excluding VAT, was concluded following an open tender, according to the announcement
EPCG, Masdar sign cooperation agreement
14 January 2026 - Montenegro’s power utility EPCG and UAE-based Masdar today signed a cooperation agreement as part of Abu Dhabi Sustainability Week
Montenegro’s EPCG finishes study on gas power plants
12 January 2026 - State-owned power utility Elektroprivreda Crne Gore officially received a feasibility study for gas power plants in Montenegro
New round of talks between Montenegro and Masdar on strategic partnership
16 December 2025 - Ministers Admir Šahmanović and Majda Adžović met today in Podgorica with Masdar CEO Mohamed Jameel Al Ramahi
EPCG Solar Gradnja installs 36 MW of solar power in 2025
15 December 2025 - EPCG Solar Gradnja specializes in the procurement, design, installation, and maintenance of photovoltaic systems
Montenegro launches second BESS tender but for drastically smaller capacity
09 December 2025 - The first public procurement was canceled because Elektroprivreda Crne Gore didn’t obtain approval from the Government of Montenegro to take a loan
Elektroprivreda Crne Gore appoints new CEO
03 December 2025 - In October, the Board of Directors relieved the previous CEO Ivan Bulatović of his duties and appointed Bojan Đordan as the acting chief
Montenegro’s EPCG appoints Bojan Đordan as acting CEO
21 October 2025 - Bojan Đordan is assuming the top position in EPCG after leading the state-owned utility's sector for renewable energy sources
Montenegro’s EPCG to develop floating solar, thermal batteries, high-altitude wind turbines
16 October 2025 - Memoranda of understanding (MoUs) were signed within the framework of the European Union – Montenegro Investment Conference
Bajramović: Investments of BAM 1.4 billion needed for distribution grids in BiH
08 September 2025 - Necessary investments in Bosnia and Herzegovina’s electricity distribution grids by 2030 amount to BAM 1.4 billion (EUR 716 million)
Montenegro’s power utility seeks contractor for two battery storage systems
04 September 2025 - State-owned power utility Elektroprivreda Crne Gore has launched a tender for the purchase of two battery energy storage systems.