Electricity projects invited to apply for fourth EU Projects of Common Interest list
The European Commission (EC) has opened a call for electricity projects to be submitted as candidates for the fourth European Union ‘Projects of Common Interest‘ (PCIs) list. The deadline for the applications is November 15, the EC said on its website. The PCIs list will be adopted by the EC by the end of 2019 […]
Hungary interested in investing in energy capacities of Montenegro
Hungarian companies are interested in investing in Montenegro’s energy sector, said Peter Szijjarto, Hungarian Minister of Foreign Affairs and Trade, during his recent visit to Podgorica. Investing in Montenegro’s energy capacities is of a particular interest to Hungarian companies, the minister said during a meeting with Montenegrin economy minister Dragica Sekulić. According to Szijjarto, Montenegro […]
Construction of Trans-Balkan Corridor’s section to start in 2018.
Serbia has been given a grant of EUR 6.6 million by the German development bank KfW to build a section of the Trans-Balkan Electricity Corridor, Serbian Minister of Mining and Energy Aleksandar Antić said. The Minister said that the construction of the section of the power corridor between the towns of Kraljevo and Kragujevac would […]
Serbian Parliament says yes to KfW loans to EPS and EMS
Serbian Parliament has approved laws on Government’s guarantees for loans which German development bank KfW accorded to the state power utility Elektroprivreda Srbije (EPS) and state-owned transmission system operator Elektromreža Srbije (EMS). EPS will receive EUR 45 million loan from KfW to finance modernization of ash transport system in Thermal Power Plant Nikola Tesla A […]
EMS: EUR 21.5 million in loan and grant for Trans-Balkan corridor construction
The state-owned company Elektkromreža Serbia (EMS) signed an agreement on a loan for the construction of a part of Trans-Balkan corridor Kragujevac-Kraljevo with the German bank KfW. The loan agreement which will provide EUR 15 million for the second section of the first phase of the Trans-Balkan corridor construction through Serbia was signed by Jelena […]
Works on Montenegro-Italy power cable starts in Montenegro
Building of 400 kV underwater power cable between Montenegro and Italy has just started from Montenegrin side with an official ceremony held in Jaz Cape, located between towns of Budva and Kotor. The cable will be built by Italian electricity transmission company Terna and Montenegrin Electric Power Transmission (CGES). Once the underwater power cable is […]
Contract for Trans-Balkan Electricity Corridor signed
Minister of Economy Vladimir Kavarić said good energy connectivity is necessary for future investments in the energy sector and free flow of energy through the country. That brings Montenegro financial and strategic benefits, he added at a press conference about the construction of the Trans-Balkan Electricity Corridor – Section Montenegro, funded by the European Union […]