EPCG to introduce three tariff models, renewable energy guarantees of origin
Power company Elektroprivreda Crne Gore (EPCG) will for the first time introduce tariff models for electricity consumers – blue, red and green – as well as a basic model for all those who do not sign a contract for one of the three models. The new tariff models, which will take effect on May 1, […]
Construction of Gvozd wind farm expected to start in 2020
Montenegro’s state power utility Elektroprivreda Crne Gore (EPCG) is expected to launch the construction of the Gvozd wind farm in 2020, according to Ivan Mrvaljević, head of development and engineering at EPCG. The Gvozd wind farm is expected to go on stream in 2022, Mrvaljević said at a roundtable recently organized by non-governmental organization Green […]
EPCG signs contract for HPP Piva unit A2 reconstruction
Power utility Elektroprivreda Crne Gore (EPCG) and a consortium of Slovenia’s Litostroj Power, Croatia’s Končar – Generators and Motors and Serbia’s Elektroremont Subotica have signed a contract on a EUR 1.7 million overhaul of the second unit of the Piva hydropower plant (HPP). The reconstruction of HPP Piva’s A2 unit includes the replacement of the […]
EU, US, Chinese companies interested in EPCG acquisition
Companies from the European Union, the US, and China are interested in the acquisition of power utility Elektroprivreda Crne Gore (EPCG), Economy Minister Dragica Sekulić has said. In an interview with Pobjeda, she said that strong interest implies a greater responsibility in the process of selecting a strategic partner for EPCG. Montenegro will seek a […]
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. […]