Montenegrin government to grant EPCG concession for HPP Komarnica
The Government of Montenegro has adopted the concession plan for the use of watercourses for the construction of hydropower plants for 2020, which envisages granting only one concession – for the construction of the Komarnica hydropower plant. The power plant should have an installed capacity of 170 MW while the investment is estimated at EUR […]
EPCG is negotiating with EBRD loan for Gvozd wind farm
Power utility Elektroprivreda Crne Gore (EPCG) is negotiating a loan with the European Bank for Reconstruction and Development (EBRD) to finance the construction of the Gvozd wind farm. At the beginning of September last year, shareholders of EPCG approved the investment in the construction of the 54.6 MW Gvozd wind farm with Austria’s Ivicom Holding. […]
EPCG signs agreement on TPP Pljevlja environmental overhaul
Montenegrin state power utility Elektroprivreda Crne Gore (EPCG) has signed an agreement worth over EUR 54 million on an environmental overhaul of its coal-fired thermal power plant (TPP) Pljevlja, a project that will extend the plant’s lifespan by 30 years and greatly reduce its impact on the environment. The agreement on the environmental overhaul was […]
EPCG may opt to take on a partner for HPP Komarnica project
Montenegrin state-owned electricity producer Elektroprivreda Crne Gore (EPCG) has the right to decide whether to build the planned 170 MW hydropower plant (HPP) Komarnica on its own or in cooperation with a partner, according to Economy Minister Dragica Sekulić. It is only natural that the Komarnica project be carried out by EPCG, but it is […]
EPCG to launch energy renovation project at headquarters building
Montenegrin state power utility Elektroprivreda Crne Gore (EPCG) is launching an energy renovation project at its headquarters building. The first stage involves installing solar panels on the roof and the parking lot. The energy renovation project at the company’s headquarters building in the city of Nikšić would enable covering about 40% of its energy needs […]
Montenegro proposes plan for Komarnica hydropower plant of 170 MW
An investment of EUR 246.5 million is underway as the cabinet led by Prime Minister Duško Marković opted for the version of the project of the Komarnica hydropower plant that is the least harmful to the environment. The detailed special plan for the area in Šavnik and Plužine defines a facility with an annual production […]
Montenegro expands PV plant Briska gora to 262 MW in spatial plan
The government in Podgorica has outlined the changes to the spatial and urban development plan for the municipality of Ulcinj to expand the land for Briska gora PV plant, as agreed with the consortium developing the project. The facility’s capacity will reach 262 MW compared to initial plan for a 250 MW solar power plant. […]
Electricity bill collection rate drops up to 30%, utilites ask for loans
The drop in the electricity bill collection rate ranged from 10% to 30% in March in most of the contracting parties of Energy Community, with Kosovo* and North Macedonia being the most affected, while data for this month show a further sharp decline. In the meantime, state power utilities in Albania, Montenegro, and Serbia are […]