Drought to cost Montenegro’s EPCG utility EUR 100 million in third quarter
State-owned power producer EPCG said it would have to import 294 GWh of electricity in the three months through September due to drought
Montenegro’s EPCG revamps Kruševo hydropower plant project
Montenegro's power utility EPCG will examine the possibility to build hydropower plant Kruševo on the Piva river
Montenegro’s power utility EPCG seeks buyer for 10% stake
EPCG is preparing to sell 10% of its shares to a single buyer at a minimum price that is more than two times above the current market value
Montenegro’s EPCG joins day-ahead power market on SEEPEX exchange in Serbia
Montenegro's state-owned power utility EPCG said it completed the first transaction at Serbian power exchange SEEPEX
WB-6 countries struggling to secure electricity production in their old coal power plants
It's going to be a long winter in several Western Balkan countries as old coal-fired power plants are unreliable and lignite is scarce
Barometer of Sustainable Energy Transition – how prepared is Montenegro?
A clear vision, the responsibility of key actors, the NECP, sources of financing – each of these segments is equally important for Montenegro’s energy transition.
EPCG overhauls small hydropower plant Glava Zete, replaces two transformers at HPP Perućica
Montenegrin state power utility Elektroprivreda Crne Gore (EPCG) has completed an overhaul of small hydropower plant Glava Zete, operated by its joint venture with Norwegian firm NTE. The state-owned utility has also replaced two transformers at its hydropower plant Perućica. The modernization of Glava Zete was part of an EUR 8 million project that also […]
PPC, EPCG get EUR 210 million in loans to absorb coronavirus challenges
State-owned power utilities from Greece and Montenegro – Public Power Corporation (PPC) and Elektroprivreda Crne Gore (EPCG), have secured loans in the amount of EUR 210 million to absorb the challenges presented by the coronavirus pandemic. The loans, approved by the European Bank for Reconstruction and Development (EBRD), will enable the companies to continue to […]