English

EPCG generated over €50m in revenue

Elektroprivreda Crne Gore

The Electric Power Company of Montenegro, EPCG, has generated revenues over EUR 50 million since the beginning of the year, said the president of the Board of Directors, Đoko Krivokapić.

According to him, favorable hydrological circumstances and readiness of equipment contributed to such operating outcomes.

Krivokapić also reminded of the fact the company this year has entered an investment cycle worth EUR 170 million. “Our priorities in terms of investments are reconstruction and modernization of hydro power plants Piva and Perućica, in the total value of almost EUR 40 million.”

Another priority of this company is the beginning of construction of the hydro power plant in Komarnica, as well as the construction of the wind power plant Gvozd in Nikšić Municipality, emphasized Krivokapić.

“I’m extremely pleased for being chosen as a preferred bidder for the construction of solar power plant in Briska Gora,” he noted.

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