Bojanić: Montenegro in talks to extend deadline for shutting down TPP Pljevlja
Montenegro is negotiating a new deadline for shutting down TPP Pljevlja, which has already used up its allocated 20,000 operating hours until 2023.
NGO Green Home: Montenegro to clarify whether TPP Pljevlja will be shut down
Montenegrin non-governmental organization Green Home has called on the Ministry of Economy and state power utility Elektroprivreda Crne Gore (EPCG) to disclose whether TPP Pljevlja will consume its remaining allowed operational hours in about 20 days and whether they have a plan if the thermal power plant is closed. TPP Pljevlja, with an installed capacity […]
Montenegro awards deal to EPCG for hydropower plant Komarnica
State-owned power producer Elektroprivreda Crne Gore got the right to build Montenegro’s first hydroelectric station in four decades and run it for up to 60 years. Hydropower plant Komarnica will cost EUR 260 million to EUR 290 million, more than in the previous official estimate. Minister of Economy of Montenegro Dragica Sekulić handed the concession […]
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 […]
TENDERING: EPCG looking for project design for new unit at HPP Perućica
Montenegrin state power utility Elektroprivreda Crne Gore (EPCG) has announced an international tendering for the preparation of project documentation for installing a 58.5 MW unit at hydropower plant (HPP) Perućica. The preparation of the project documentation for the A8 unit will be financed with a portion of a loan approved by the German development bank […]
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 […]
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 […]
Ten units of Western Balkan thermal power plants must be shut down by 2023
Ten units of coal-fired power plants in total will be shut down by the end of 2023 in BiH, Montenegro and Serbia, according to the Energy Transition Tracker