Tag: EPCG

HPP Perucica produced 240 GWh of electricity in Q1 2019 – Montenegro, 11 May 2019

Hydropower plant Perucica, operated by Montenegrin power utility EPCG, marked 59 years in operation by producing a total of almost 51 TWh of electricity since its commissioning in 1960. In the first three months of this year, HPP Perucica produced 239,462 GWh of electricity. Record annual production Full article available for subscribers of Energy NEWS […]

EPCG recorded three times lower profit in Q1 2019 – Montenegro, 07 May 2019

Montenegrin power utility EPCG recorded a net profit in the amount of 10.7 million euros in the first quarter of 2019, which is almost three times lower compared to the same period last year. According to the financial report, company’s operating income reached 90.42 million euros at the end of M Full article available for […]

EPCG to postpone electricity price hike until 1 June – Montenegro, 26 April 2019

State-owned power utility EPCG announced that it decided to postpone the increase of electricity prices for households and the introduction of different packages until 1 June. The price was supposed to be increased as of 1 May. The delay was due to Government’s decision to abolish the fee for sti Full article available for subscribers […]