Montenegro’s state-owned power utility EPCG recorded a net profit of €10.2 million in 2024, marking an 80.5% decrease from the €52.5 million profit achieved in 2023.…
Montenegro’s state-owned power utility EPCG has terminated its second tender for the design and construction of the Otilovici small hydropower plant after rejecting all submitted proposals.…
State-owned power utility EPCG has requested a one-year extension for completing the first phase of the Otilovici small hydropower plant (SHPP) project near Pljevlja. The delay…
Montenegrin state-owned power utility EPCG has confirmed that electricity prices will remain unchanged for the time being. As the ecological reconstruction of thermal power plant Pljevlja…
EPCG plans to add 200 megawatts of new solar capacity to Montenegro’s electricity network within the next three years. The country has already integrated 70 megawatts…
Montenegrin state-owned power utility EPCG has launched a tender for the procurement of solar panels for the Kapino Polje L1 solar power plant near Nikšić. The…
Montenegrin state-owned power utility EPCG expects to generate 2,323 GWh of electricity in 2025, marking a 21% decline from last year’s 2,943 GWh output. The decrease…
Montenegro’s state-owned power utility, EPCG, has initiated the preparation of a feasibility study and project design for the procurement of battery energy storage systems (BESS) with…
The Montenegrin Government has approved the technical documentation for the construction of the Stedim solar power plant, a project proposed by state-owned power utility EPCG. With…