Montenegro: Energy agency files cases against power utility EPCG and TSO CGES company for market rules breaks

26. September 2013. / SEE Energy News

Regulatory Energy Agency (RAE) submitted requests for the initiating minor offence proceedings against Montenegro Power Utility Company (EPCG) and Montenegro Power Transmission System (CGES) and its executive directors, because of the appropriate outstanding contracts and operating contrary to the law.

According to the documentation submitted to medias RAE submitted request for the initiating minor offense proceeding against EPCG because it did not conclude contract on provision of  accessory and systematic services to the CGES, namely contracts on transmission system use and electricity purchase for covering losses in transmission.

In accordance to the laws on minor offence and energy, on 11September RAE submitted to the Niksic District Office for minor offences request for the initiating minor offense proceeding against the EPCG executive director, Enrico Malerba, as a responsible person, because by the failure of obligatory oversight allowed the business contrary to the Energy Law and the Market Rules.

To Podgorica District Office for minor offences RAE submitted requests for the initiating minor offence proceedings against CGES did not conclude contract on provision of accessory and systematic services to the CGES, namely contracts on transmission system use and electricity purchase for covering losses in transmission.

Regulator also submitted the request for the initiating the minor offence proceeding against CGES executive director, Ljuba Knezevic, because by the failure of obligatory oversight allowed the business contrary to the Energy Law and the Market Rules.

Source; Serbia Energy See desk

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