Tag: modernization

EPCG and KfW Bank to sign loan agreement for HPP Perucica modernization – Montenegro, 08 February 2019

Head of Development and Engineering Department at Montenegrin power utility EPCG Ivan Mrvaljevic said that the loan agreement worth 33 million euros between EPCG and German KfW Bank will be signed in the spring. The proceeds of the loan will be used for the modernization of hydropower plant Perucica Full article available for subscribers of […]

CEDIS signed 22.4 million euros electricity network overhaul contract – Montenegro, 28 December 2018

Montenegrin electricity distribution system operator CEDIS signed a contract worth 22.4 million euros for the overhaul of its low and mid-voltage electricity network. The contract was signed with a consortium of local companies Mezon, Electro Team and Ramel and should take up to 24 months to be c Full article available for subscribers of Energy […]

EPCG to modernize five SHPPs – Montenegro, 08 December 2018

Montenegrin state-controlled power utility EPCG will start a project for the reconstruction and modernization of five small hydropower plants (SHPP) built over 50 years ago. The value of the project is estimated to 3.26 million euros. According to EPCG, the company signed a contract for the prepa Full article available for subscribers of Energy NEWS […]