Browsing: EPCG

Montenegro’s state-owned power utility, EPCG, reported a profit of over 11 million euros for the first quarter of 2024. This marks a significant decrease compared to…

State-owned power utility EPCG and the German Development Bank (KfW) have finalized a €40 million loan agreement to finance the installation of unit A8 at the…

Elektroprivreda Crne Gore (EPCG), the largest electricity producer in Montenegro, has taken a significant step towards enhancing energy sustainability by adopting the Project Task for Battery…

The Montenegrin Government has approved a decision to grant a €10 million loan from the country’s Investment and Development Fund (IDF) to state-owned power utility EPCG…

Ljubisa Djurkovic, Technical Director of Montenegrin state-owned power utility EPCG, has stated that the company is not contemplating an increase in electricity prices for this year.…

Despite the unprecedented heat, EPCG provides sufficient amounts of electricity for significantly increased consumption. From January 1 to June 30, thanks to professional and responsible operations,…

Montenegro’s power utility EPCG said its shareholders have approved a plan to skip dividend payments from its 52.49-million-euro net profit reported for 2023. The shareholders decided…

Green Gvozd, owned by EPCG launched a tender for an engineer and supervision consultant for the implementation of the planned 55 MW Gvozd wind farm, the…

By the end of 2024, around 100 MW of solar panels will be installed on the roofs of Montenegro, according to the President of the Board…

The Montenegro Power Utility (EPCG) is set to kick off construction of the Gvozd wind farm in July, with plans also in motion for Gvozd 2, a 30-megawatt (MW) expansion, as…