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
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