Montenegrin state-owned power utility EPCG posted a significant financial decline in the first nine months of 2025, recording a net loss of 78.7 million euros, compared to a loss of 19.2 million euros in the same period last year. The extended shutdown of TPP Pljevlja, Montenegro’s only coal-fired power plant, dominated this year’s results. The […]
Montenegro’s power utility EPCG announced that the Pljevlja thermal power plant has been temporarily taken offline following malfunctions in its slag transport system, a component installed during the plant’s recent environmental reconstruction and modernization. The affected system was delivered by Chinese contractor DEC, part of the broader consortium responsible for the reconstruction. After irregularities were
Montenegro: TPP Pljevlja temporarily offline due to slag transport malfunction Read More »
Thermal power plant Pljevlja resumed operation on the morning of 30 November after completing an extensive, months-long reconstruction project worth 70 million euros. Acting EPCG CEO Bojan Djordan stated that the initial restart proceeded smoothly, adding that the coming period will be crucial in determining whether all newly installed systems function at the required standards.
Montenegro restarts TPP Pljevlja after €70 million environmental overhaul Read More »
Coal-fired thermal power plant Pljevlja is expected to resume electricity production no later than 1 December, according to EPCG’s Director for Electricity Generation, Miro Vračar. He said that the plant’s start-up process is already underway and typically requires about ten days to complete. Vračar explained that numerous systems installed during the facility’s ecological reconstruction must
Montenegro: TPP Pljevlja set to resume production by 1 December after major overhaul Read More »
Montenegro’s state-owned power utility EPCG has issued a statement refuting media reports that questioned the progress of the ecological reconstruction of the Pljevlja thermal power plant. The company emphasized that the project is advancing as planned and remains fully under control. The reconstruction, which began in 2020, was initially launched under a contract that contained
Montenegro: EPCG confirms TPP Pljevlja reconstruction on schedule and within budget Read More »
Montenegro’s state-owned power company EPCG has reported that the environmental reconstruction of the Pljevlja coal-fired thermal power plant has faced certain deficiencies and irregularities, which could potentially delay the project. EPCG noted that the project is highly complex in both scale and technical requirements and has been ongoing for several years. Over the past six
Montenegro’s state-owned power utility EPCG is bracing for a significant financial shortfall in 2025, according to CEO Ivan Bulatović. To ensure a stable electricity supply for households and businesses, the company is expected to seek financial assistance from commercial banks. Several key challenges are driving the projected losses. The thermal power plant (TPP) Pljevlja, a
Montenegro’s key electricity producer, the Pljevlja thermal power plant, has been shut down for reconstruction and will remain offline until mid-November. The plant typically supplies over 40 percent of the country’s electricity, making its closure a significant challenge for the national energy system. Despite the shutdown, the state-owned utility EPCG has assured consumers that electricity
Montenegro faces energy challenges as TPP Pljevlja shuts down until November Read More »
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 begins, a process expected to last until mid-November, EPCG has secured the necessary electricity imports to cover any shortfall during this period. Approximately 70 million euros have been allocated
Montenegro: EPCG confirms stable electricity prices amid TPP Pljevlja reconstruction Read More »
