Tag: CEDIS

CEDIS to build 2 million euros worth substation in Ulcinj – Montenegro, 2 October 2017

Montenegrin electricity distribution system operator CEDIS said that it plans to build a 35kV/10kV substation in the coastal city of Ulcinj, an investment worth some 2 million euros. The statement from CEDIS said that the project will include the installation of seven 10 kV and three 35 kV cable sets and will significantly improve the […]

CEDIS to invest 78 million euros in the next three years – Montenegro, 5 September 2017

Executive Director of Montenegrin electricity distribution system operator CEDIS, Zoran Djukanovic said that the company plans to invest some 78 million euros in the next three years. According to Djukanovic, this amount will be invested in the installation of smart meters, construction of new substations, reconstruction of the distribution grid and optimization of the company’s […]

EBRD approved 32 million euros loan for smart meters installation – Montenegro, 18 May 2017

The European Bank for Reconstruction and Development (EBRD) has approved a 32 million euros worth loan to Montenegrin electricity distribution system operator CEDIS, adding that Montenegro would become its first country of operation that will meet the EU target of smart meters coverage of at least 80 % of the population by 2020. CEDIS plans […]