Preliminary design plan for HPP Komarnica to be finished in November
The completion of the preliminary design creates conditions for the beginning of construction, power utility EPCG said
EPCG will enable citizens to install solar panels on their infertile land
Milutin Đukanović, president of the Board of Directors, said that the goals of EPCG are to reduce the citizen's bills and increase production.
Montenegro awards deal to EPCG for hydropower plant Komarnica
State-owned power producer Elektroprivreda Crne Gore got the right to build Montenegro’s first hydroelectric station in four decades and run it for up to 60 years. Hydropower plant Komarnica will cost EUR 260 million to EUR 290 million, more than in the previous official estimate. Minister of Economy of Montenegro Dragica Sekulić handed the concession […]
Energy companies in Montenegro to invest EUR 734 million by 2024, EUR 1 billion in total
Energy companies in Montenegro plan to invest more than EUR 1 billion, of which EUR 734.6 million in the next four years, according to the third socio-economic package, adopted by the government to mitigate the coronavirus pandemic effects. The largest part of these investments will be implemented by state-owned companies Elektroprivreda Crne Gore (EPCG), Crnogorski […]
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 […]
REPCONS: Western Balkan countries responsible for defining energy transition models, experts should lend support
Bosnia and Herzegovina, Montenegro and Serbia need to be more active in defining their energy transition models, a task that lies ahead of all the other countries of the region as well. Defining energy transition models goes hand in hand with energy goals, and the share of renewable energy sources in the energy mix is […]
EPCG to invest EUR 700 million to build new renewables capacities, upgrade other facilities
State power utility Elektroprivreda Crne Gore (ЕPCG) will invest a total of EUR 700 million to build new renewable energy capacities and upgrade its other power generation facilities to bring them into line with environmental standards, with the aim of reducing dependence on imports due to hydrologic conditions, local media reported following a session of […]
Investment in HPP Komarnica to reach EUR 238 million – study
The value of investment in the construction of the Komarnica hydropower plant (HPP) in Montenegro is estimated at EUR 237.9 million, according to the concept of the detailed spatial plan for the multipurpose water reservoir on the Komarnica river. The proposed installed capacity of HPP Komarnica is 168 MW and the estimated annual electricity production […]


