Montenegro Energy company EPCG: Connection of coal mine and thermal power plant Pljevlja precondition to investments, says Kovacevic EPCG board of directors chairman

, SEE Energy News

Connecting of  coal Mine Pljevlja and TPP Pljevlja is an important precondition for potential investors in building of second thermal block, announced The Chairman of Energy company of Montenegro (EPCG), Srdjan Kovacevic.

– Those two companies should be a technological unit, because of future business on free market. Both companies should be organizationally connected so development and competitiveness of Pljevlja Energy Complex will be ensured in future period of time- said Kovacevic .

He reminded that all coal miners in region work within thermal power plants as part of combined corporation, and that it has to do with capacities similar to TE Pljevlja and Rudnik.

Kovacevic declared that there are exploitative reserves of coal in Pljevlja’s basin, without Maocki basin. According to relevant analyses, there are around 65 million tons. This ideological project supposed to come into work until 2018, while the existing would work until 2025.

– Block 2 will with certain level of efficiency do life service on coal from Pljevlja. That will be about 40 years what ensures optimal use of remaining coal reserves and existing production capacities – said Kovacevic.

Ideological project and validity study done by bank and institution consortium from Slovenia have shown that second block building ensures replacement for existing one which will stop working 2025, because of frazzle.

– Long-term supply of consumers and coal production continuum are being ensured that way, like optimal and efficient valorization of remaining reserves energy potential in Pljevlja’s basin- stated Kovacevic.

He added that not one significant electricity source was built in Montenegro in last three decades. Energy use was growing continuously so deficit was critical in certain periods.

– This says a lot about new objects building necessities. We get multiplied advantages of investing in block 2, ensuring of electricity independence, electricity deficit elimination which is not big after aluminum combine (KAP) consumption decrease- said Kovacevic.

Source Serbia Energy Magazine