New round of talks between Montenegro and Masdar on strategic partnership
Ministers Admir Šahmanović and Majda Adžović met today in Podgorica with Masdar CEO Mohamed Jameel Al Ramahi
Šahmanović: Montenegro is facing its most challenging year for energy sector
Priorities are price stability, increasing the use of renewables, and strengthening the country's position as an energy hub, Šahmanović said
Lorkowski: Montenegro should make plan for closing TPP Pljevlja by June
Montenegro should adopt the National Energy and Climate Plan by June, along with a decision on when to shut down thermal power plant Pljevlja
Montenegrin government fulfills promise: Seven contracts for SHPPs terminated
When it was elected, the Government of Montenegro announced it would ban the construction of small hydropower plants and revise concessions.
Montenegrin Government secures funds to buy A2A shares in EPCG
The Montenegrin Government adopted a budget rebalance which foresees EUR 70 million for the purchase of the Italian company A2A’s shares in power utility Elektroprivreda Crne Gore (EPCG). In July last year, the Italian company informed the Government of Montenegro about activating the put option, which officially launched the process of the company’s withdrawal from […]
Montenegro will not issue new energy license in 2018
The Ministry of Economy of Montenegro did not foresee issuing energy permits in 2018. The reason is that Montenegro is already close to reaching the national target of 33 percent of the produced energy from renewable energy sources (RES). The Government of Montenegro recently adopted the Energy Licensing Plan in 2018, which did not foresee […]
Court unblocks A2A shares in Montenegrin power company EPCG
The High Court in Podgorica has decided to unblock shares of Italian company A2A in Montenegrin power company, Elektroprivreda Crne Gore (EPCG). The court previously blocked the shares of A2A over a proceeding against several former EPCG managers. Montenegrin media reported that the chamber presided over by the president of the Higher Court in Podgorica, […]
Montenegro secures funds for construction of wastewater treatment plant in its capital
Montenegro has secured most of the needed funds for the construction of a wastewater treatment plant in Podgorica, worth EUR 50 million. The international tender for the construction of the plant is expected to be published in the first quarter of 2018. Two loan agreements has been today signed between the Government of Montenegro and […]