Contract signed to build 250 MW solar power plant
The Montenegrin government has signed a contract on the construction of a 250 MW solar power plant at the Briska Gora location with a consortium comprising Finland’s state energy company Fortum, Montenegro’s state power utility Elektroprivreda Crne Gore (EPCG), and Sterling & Wilson International Solar FZCO, according to a press release from the Ministry of […]
Power utility EPCG plans to launch tendering for reconstruction of 5 small HPPs
Montenegro’s state power utility Elektroprivreda Crne Gore (EPCG) plans to launch tendering in the third quarter of 2019 to select a contractor to produce, deliver, and install equipment, as well as a contractor to produce the main design plan for a project to overhaul and modernize five small hydropower plants (SHPP), EPCG has said in […]
Fresh tendering planned for development of renewable energy sources – PM
Montenegrin Prime Minister Duško Marković has announced fresh tendering procedures for the leasing of state land intended for the construction of power plants using renewable energy sources, as well as the signing of an agreement for a solar power plant at the location of Briska Gora in the Ulcinj municipality by the end of the […]
Fortum-EPCG consortium emerges as top bidder to build 250 MW solar power plant at Briska Gora
A consortium of Finland’s state energy company Fortum and Montenegro’s state power utility Elektroprivreda Crne Gore (EPCG) has been ranked the number-one bidder to lease state land at the location of Briska Gora in the Ulcinj municipality for the construction of a solar power plant, according to a statement from the Montenegrin Ministry of Economy. […]
EPCG calls bids for EUR 3.36 million overhaul of six generators at HPP Perućica
Montenegro’s state power utility Elektroprivreda Crne Gore (EPCG) has invited bids for EUR 3.36 million worth of overhaul of six out of seven generators at the Perućica hydropower plant (HPP), as part of a project to ensure reliable electricity production at the HPP Perućica over the next 20 to 30 years. A contractor to overhaul […]
200-MW-plus Briska Gora solar project draws three bids
A project to build a solar power plant with an installed capacity of more than 200 MW on the Briska Gora locality has attracted three bids – from a consortium of Finland’s state energy company Fortum and Montenegro’s state power utility Elektroprivreda Crne Gore (EPCG), Chinese-Maltese International Renewable Energy Development Limited (IREDL), and the Montesolar […]
EPCG’s shareholder assembly backs EUR 55.3 million dividend payment
Power utility Elektroprivreda Crne Gore’s (EPCG) shareholder assembly has backed a EUR 55.3 million dividend payment. The dividend will be distributed out of retained earnings, in the gross amount per share of EUR 0.4214. At the 16th regular meeting held in Nikšić, shareholders also adopted financial and consolidated reports for 2017 and the company’s annual report, […]
CEDIS to invest EUR 81.6 million in distribution network, tendering expected by end-October
Tendering for the selection of equipment suppliers and contractors for a project worth EUR 81.6 million to revitalize the Montenegrin power distribution network is expected by the end of October, while the start of the works is planned for February next year. The investments will be implemented by the Montenegrin distribution system operator (DSO), Crnogorski elektrodistributivni […]