power utility

Montenegro: CGES launches €36 million modernization of Brezna substation with EBRD and EU support

Montenegrin electricity transmission system operator CGES has initiated a procurement process for two 400/110 kV, 300 MVA power transformers, marking the beginning of a 36 million euro modernization project for the Brezna substation in northwestern Montenegro. The upgrade will convert the current 110/35 kV installation into a three-voltage 400/110/35 kV facility, which will be connected […]

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Bosnia and Herzegovina: EPBiH suspends waste-coal co-incineration project at Tuzla plant following public opposition

Bosnian state-owned power utility EPBiH has agreed to halt its experimental project that involved blending solid recovered fuel (SRF) and refuse-derived fuel (RDF) with coal at the Tuzla thermal power plant. The decision comes in response to a formal appeal from the Tuzla City Council, which demanded an immediate suspension of the co-incineration trial. Members

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Serbia: EPS launches trial phase of Petka solar power plant, boosts renewable push at Kostolac

The 10 MW Petka solar power plant has officially entered its trial phase, becoming the first solar facility to generate electricity at the Kostolac site. Built on the reclaimed land of a former mining tailings dump, the project highlights state-owned utility EPS’s commitment to cleaner energy solutions. In parallel, EPS is progressing with its on-site

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Bosnia and Herzegovina: HPP Visegrad’s June output drops 43% amid ongoing decline in hydropower generation

Hydropower plant Visegrad, operated by “Hidroelektrane na Drini”, a subsidiary of the power utility ERS, generated 33.74 GWh of electricity in June 2025 — a 43% decrease from May’s output of 59.11 GWh. Compared to June 2024, when the plant produced 36.25 GWh, output is also slightly lower. In 2024, the plant produced a total

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Montenegro: EPCG plans 137MW Stedim solar power plant near Nikšić

Montenegro’s state-owned power utility EPCG plans to build the Stedim solar power plant near Nikšić, with an installed capacity of approximately 137 MW. Once operational, the plant is expected to generate around 169.7 GWh of electricity annually. The company has submitted documentation to the national Agency for Environmental Protection, requesting approval to conduct a full

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Albania: KESH launches insurance tender for mobile gas-fired power plants in Vlore

Albanian state-owned power company KESH has launched a tender to obtain insurance coverage for two mobile gas-fired power plants and their associated infrastructure located in Vlore, with an estimated budget of around 1.8 million euros. The 12-month insurance policy will cover two barge-mounted generation units along with the permanent facilities they depend on. These assets

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Montenegro approves €50 million loan to fund electricity imports during Pljevlja power plant upgrade

The Montenegrin Government has approved a 50 million euro loan request from the state-owned power utility EPCG. The funds, obtained through a long-term loan from Erste Group Bank, will be used to finance electricity imports throughout 2025. This borrowing is necessary to offset the impact of the March 31 shutdown of the coal-fired Pljevlja thermal

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Montenegro: EPCG to keep retail electricity prices steady while exploring new energy investments

Milutin Đukanović, Chairman of the Board at Montenegro’s power utility EPCG, announced that retail electricity prices will remain stable through the end of the year. However, the company plans to review its discount policy, ensuring that households with monthly bills up to 50 euros will continue to receive discounts, protecting low-consumption customers from significant price

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Montenegro: EPCG receives bids for new turbine at Perucica hydropower plant to boost capacity by 2027

Montenegro’s state-owned power utility EPCG has received two bids for the construction, delivery, installation, and commissioning of the new A8 turbine at its Perucica hydropower plant. The first bid was submitted by a consortium consisting of Voith Hydro from Austria, Končar from Croatia, and Elnos from Serbia. The second offer came from Slovenia’s Litostroj Power.

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