English

Works on connecting the highway to electricity to start in August?

Works on the construction of energy infrastructure for electricity supply of Bar-Boljare highway are planned to start off in August this year. “Monteput” company is in charge of the realization of the investment that will cost € 31,6 million.

Public tender hasn’t been published yet. Representatives of the company said that they had to reach an agreement with the Montenegrin Electricity Distribution System and Montenegrin Electric Transmission System regarding the regulation of rights and responsibilities on the account of the buy-back of the energy infrastructure.

“Preparations for the public tender for the contractor are underway. Also, the procedures regarding the issuance of approvals for the purchase of energy infrastructure are on”, said the representatives of “Monteput”.

One of the pre-requisites for the tender is the provision of money through a loan.

“Monteput”, headed by Jonuz Mujović, is about to bring the talks about the million loan to the end.

“We are negotiating with several potential creditors over the provision of funds for the realization of this project. Right now, we are not able to give you any more details”, said the representatives of “Monteput”.

Around €160.000 will be earmarked for the repayment of the loan for the highway electricity supply.

“We think that it wouldn’t be appropriate if we bid names of the interested companies. It’s still very early”, said the representatives of “Monteput”.

Works are due to be completed in 15 months time.

Send this to a friend