News

Works on Možura wind power plant about to be launched

Published

May 18, 2016

Comments

comments icon

0

Share

Published:

May 18, 2016

Comments:

comments icon

0

Share

Successful implementation of the wind power plant project of Možura should be an additional incentive for the dynamics and diversification of relations between Montenegro and Malta, Milo Đukanović said. The prime minister of Montenegro came to the island country for a return visit and met his counterpart Joseph Muscat. The Možura endeavour is first of its kind in bilateral relations, in energy as a very important sector, especially for the Balkan country, as it is developing its first two facilities for power from renewable sources, according to Đukanović.

Muscat said final work on administration procedures is underway, with expectations that construction in the project financed by Maltese company Enemalta Plc will be launched maybe even within days. Đukanović added the first EUR 15 million of the overall EUR 80 million is already allocated and that the last segment of paperwork for the start of works is being completed. According to information at hand, the construction may finish within 18 months.

Muscat specified the longevity of bureaucratic procedures does not imply there are difficulties – rather that some logistical points take more time, especially in relation the transport of equipment.

 

Tags: ,

Related Articles

serbia ash cement eps coal Lafarge Elixir Group Moravacem

Serbia’s EPS, industry sign contracts on disposal of ash from coal-fired power plants

07 February 2025 - Power utility Elektroprivreda Srbije will sell 30 million tons of ash to Lafarge Serbia, Elixir Group and Moravacem

Đedovic Handanovic, develope cooperation with Slovenia in the field of nuclear energy

Đedović Handanović: Serbia to cooperate with Slovenia in nuclear energy

07 February 2025 - Serbian Minister Dubravka Đedović Handanović spoke with Ambassador of Slovenia Damjan Bergant about cooperation in the nuclear energy sector

serbia auctions cfd premiums 40 applications bids wind solar

Serbia’s auctions draw significant interest – 40 projects submitted

07 February 2025 - The country launched the auctions in late November and the deadline for applications expired on February 5

EU to exempt 80 of importers CBAM carbon tax

EU to exempt 80% of importers from CBAM carbon tax

07 February 2025 - European Commissioner Wopke Hoekstra vowed to exempt over 80% of companies that are eligible for payments under CBAM