Montenegro

Montenegro launches third tender for Otilovici small hydropower plant construction

Montenegrin state-owned power company EPCG has launched a third tender for the design and construction of the Otilovici small hydropower plant (SHPP). The project’s value remains the same as in previous attempts, set at 7 million euros excluding VAT, or 8.47 million euros including VAT. The project includes preparing the main design, constructing the facilities, […]

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Montenegro: Sinjajevina plateau wind farm approved; 44 turbines to generate 944 GWh annually

A new wind power project on the Sinjajevina plateau has received official approval, spearheaded by local company N1. The project envisions the construction of 44 wind turbines, each with a capacity of 6.6 MW, for a total installed capacity of 290.4 MW. Annual electricity generation is estimated at 944 GWh. The Environmental Protection Agency has

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Montenegro: Energy 2 cleared to build Sinjajevina I wind farm

Montenegrin company Energy 2 has received approval to start construction of the Sinjajevina I wind farm in Lipovska Bistrica near Kolasin. The Environmental Protection Agency accepted the project’s environmental impact assessment, confirming it meets legal requirements and includes measures to limit potential harm to nature. The project covers about 279 hectares and foresees 17 wind

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Montenegro: Average household electricity bills drop in August 2025

In August 2025, the average electricity bill for Montenegrin households was €39.45, down 1.8% from July (€40.19) and 10.8% lower than August 2024 (€44.22). The lowest average monthly bill was recorded in Pljevlja (€19.4), while Ulcinj had the highest at €71.3. Breaking down consumption: 59.11% of households paid less than €30, 18.53% between €30 and

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Montenegro to sign MoU with Japan’s JERA for potential LNG terminal and gas-fired power plant

The Montenegrin Government is set to sign a Memorandum of Understanding with Japan’s energy company JERA, paving the way for the potential development of a liquefied natural gas (LNG) terminal and a gas-fired power plant in the country. Officials describe the agreement as a significant step forward in bilateral relations, moving beyond traditional development cooperation

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Montenegro cancels Bar oil storage overhaul tender again due to invalid bids

Montenegro’s Ministry of Energy has canceled a second tender for the renovation of state-owned oil storage facilities in the coastal city of Bar, after both submitted bids were found invalid. The first bid, submitted by the Croatian-Montenegrin consortium S.A.K.Z.-Tibox-Oliver, was disqualified because local partner Oliver-Ing had an unresolved tax debt of 2.22 euros. The second

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Montenegro: EPCG reports €24.5 million loss in first half of 2025 amid plant shutdown and weak hydrology

Montenegro’s state-owned power utility EPCG posted a loss of 24.5 million euros in the first six months of 2025, a sharp increase compared to the 3.4 million euros loss recorded in the same period last year. The company’s financial report shows total revenues of 208 million euros, while expenses rose to 234.7 million euros, driven

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Montenegro: Pljevlja nears completion of district heating and power plant modernization projects

Pljevlja is witnessing significant progress as the district heating project nears completion, promising residents a more stable and environmentally friendly heating system. In parallel, the environmentally focused reconstruction of the coal-fired Thermal Power Plant (TPP) Pljevlja and the relocation of the Cehotina river are advancing on schedule. These projects aim to strengthen Montenegro’s energy security

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Montenegro: EPCG launches tender for main design of 41.8 MW Krupac solar power plant

Montenegro’s state-owned power company EPCG has launched a tender to select a contractor for the main design of the Krupac solar power plant, with an estimated contract value of 125,000 euros. The plant is planned on the shore of Krupac Lake near Nikšić, with technical documentation outlining a total installed capacity of 41.8 MW. EPCG

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Montenegro: EPCG launches tender for solar modules at 12 MW Kapino Polje L1 and L2 plants

Montenegro’s state-owned power utility, EPCG, has announced a call for bids to supply solar modules for its Kapino Polje L1 and L2 solar plants near Niksic. The procurement is divided into two lots. Lot 1 covers modules for Kapino Polje L2, with an estimated value of 525,000 euros, while Lot 2 covers modules for Kapino

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