Tag: EPCG

EPCG continues Komarnica hydropower project despite temporary environmental report withdrawal

Montenegro’s state energy company, Elektroprivreda Crne Gore (EPCG), has not abandoned the construction of the Komarnica hydroelectric power plant (HPP Komarnica). However, it has...

Montenegro embarks on historic energy investment cycle, emphasizing strategic green transition

Montenegro is entering the most intensive investment cycle in its energy history, according to Ivan Bulatović, CEO of the national power company Elektroprivreda Crne...

Shareholders to decide on profit distribution and key projects at upcoming EPCG and CGES meetings

Shareholders of Elektroprivreda (EPCG) and Crnogorski Elektroprenosni Sistem (CGES) are scheduled to hold regular meetings on June 28 and June 25, respectively, to decide...

EPCG terminates lease with 8B Capital over unpaid rent and employee obligations at Željezara Steelworks

EPCG Željezara, owned by the state power company Elektroprivreda Crne Gore (EPCG), reported a loss of €2.11 million last year, bringing the total company...
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EPCG faces financial challenges amid Pljevlja thermal power plant shutdown and accelerates renewable energy projects

EPCG expects a significant financial loss in 2025 due to the prolonged shutdown of the Pljevlja thermal power plant, increased electricity consumption, and a...

EPCG receives environmental approval for 47 MW Krupac solar power plant in Nikšić

Elektroprivreda Crne Gore (EPCG) has received environmental impact assessment approval for the construction of the "Krupac" solar power plant near Krupac Lake in Nikšić,...
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