Montenegro: Feasibility study for second unit at TPP Pljevlja in mid-June

, SEE Energy News

According to the unofficial sources from the Mon-tenegrin power utility EPCG, the feasibility study of the project for the construction of second unit at thermal power plant Pljevlja will be completed in mid-June.

As for the dynamics of the project, the represent-atives of EPCG reminded that the company has agreed the construction and the design contract for the second unit at TPP Pljevlja with Czech company Skoda Praha, and the General Assembly of the company’s shareholders agreed that EPCG should issue a corporative guarantee for the pro-ject. However, the financing agreement and inter-governmental agreement between Montenegro and Czech Republic are yet to be signed.

There is enough coal in Pljevlja basin for more than 40 years of plant’s operation and the con-struction of second unit will provide the energy independence, energy security and will improve the quality of electricity supply to consumers in Montenegro.

The representatives of EPCG said earlier that ac-cording to their assessment, the project should cost less than 450 million euros, while the analy-sis performed by the non-governmental organiza-tion MANS shows that the actual cost exceeds one billion euros, transmits

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