EPCG

Government Montenegro pays EUR 15 million additional stake EPCG

Government of Montenegro pays EUR 15 million for additional stake in EPCG

23 September 2022 - The Government of Montenegro bought an additional 2.8% stake in state-owned power utility Elektroprivreda Crne Gore – EPCG

Montenegro allows state owned EPCG sell shares stock market

Montenegro allows state-owned EPCG to sell shares in stock market

15 September 2022 - Elektroprivreda Crne Gore (EPCG) is obligated by law to sell a 10% stake by September 26 or write off the share package

Abazovic energy projects consortium foreign companies UGT Renewables

Abazović discusses new energy projects with consortium of foreign companies

07 September 2022 - Prime Minister Dritan Abazović met with a consortium of overseas firms led by United States–based UGT Renewables

power-plant-ecological-reconstruction-shutdown

7-month shutdown of TPP Pljevlja planned for 2024 as part of ecological reconstruction

16 August 2022 - TPP Pljevlja's ecological reconstruction will not require a temporary shutdown in 2023, but a 7-month stoppage is planned for 2024

Montenegro utillity EPCG halve minimum price for sale 10 stake

Montenegro’s utillity EPCG to halve minimum price for sale of 10% stake

15 August 2022 - After two failed bidding rounds for a 10%, stake, EPCG said the government can decide to switch to the stock market for the share sale

Montenegro EPCG minimum price of 10 shares

Montenegro’s EPCG lowers minimum price for sale of 10% of its shares

05 August 2022 - Montenegro's state-owned utility EPCG cut the minimum price for its 10% stake to EUR 87 million from just above EUR 100 million

Montenegro utility EPCG receives zero bids 10 shares

No bids for 10% stake in Montenegrin power utility

03 August 2022 - The deadline has passed and state-owned coal power producer Elektroprivreda Crne Gore (EPCG) failed to attract any offers for a 10% stake

Drought cost Montenegro EPCG utility EUR 100 million third quarter

Drought to cost Montenegro’s EPCG utility EUR 100 million in third quarter

01 August 2022 - 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 Krusevo hydropower plant

Montenegro’s EPCG revamps Kruševo hydropower plant project

18 July 2022 - 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 10 stake

Montenegro’s power utility EPCG seeks buyer for 10% stake

18 July 2022 - 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

EPCG hires Swiss consultancy for gas power plant projects

12 July 2022 - EPCG will work with SS&A Power Consultancy on projects for the first gas-fired power plants in combination with renewables in Montenegro

Montenegro’s EPCG joins day-ahead power market on SEEPEX exchange in Serbia

17 June 2022 - Montenegro's state-owned power utility EPCG said it completed the first transaction at Serbian power exchange SEEPEX

Port-of-Bar-gas-terminal-lng-alliance-gas-power-plant

Port of Bar preparing to build LNG terminal, gas-fired power plant

17 June 2022 - Power utility EPCG, which would be a partner on the project, has already initiated feasibility studies for three gas-fired power plants

The energy crisis is not an emergency, but a new reality - Trhulj

Energy crisis is not emergency but new reality – Trhulj

01 June 2022 - Power companies imported electricity at a price  three to five times higher than their retail price

Western Balkan countries struggling coal plants

WB-6 countries struggling to secure electricity production in their old coal power plants

31 May 2022 - 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

EPCG starts ecological reconstruction of TPP Pljevlja

EPCG starts ecological reconstruction of TPP Pljevlja

29 April 2022 - The ecological reconstruction of TPP Pljevlja will cost a total of EUR 70 million or about 15 million more than originally planned

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