Browsing: CGES

The European Bank for Reconstruction and Development (EBRD) has granted a state-backed loan of up to €28 million to Montenegro’s power transmission system (CGES) for upgrading…

Montenegro’s Energy Minister, Saša Mujović, announced that the Montenegrin Electricity Transmission System (CGES) will spearhead efforts to enhance regional cooperation among transmission system operators to bolster…

CGES has announced plans to distribute a dividend of €10 million to its shareholders, sourced from a total profit of €35.7 million earned in the previous…

The Trans-Balkan electrical power corridor represents a significant stride toward regional energy integration and provides a foundation for further development of renewable energy sources. The Lastva…

The draft loan agreement between Montenegrin Transmission System (CGES) and the European Bank for Reconstruction and Development (EBRD), proposing a state guarantee of 28 million euros…

Montenegro’s Electricity Exchange (BELEN) was founded in 2017 and has primarily functioned as a wholesale marketplace for electricity trading, indirectly influencing consumer prices paid by households,…

If the Montenegrin Parliament passes amendments to the Energy Law, currently under review, it will resolve the issue of connecting new renewable energy sources to the…

The director of Montenegro’s National Dispatch Center, Ranko Redžić, assured that the country’s power grid is stable and well-prepared for the upcoming summer tourist season. Redžić…

The executives of Elektroprivreda (EPCG) and the Montenegrin Power Transmission System (CGES), Ivan Bulatović and Ivan Asanović, officially sealed a deal today for the development of…

Montenegro’s Electric Transmission System (CGES) achieved an unprecedented profit of €35.7 million last year, as announced by Aleksandar Mijušković, the Chairman of the Board of Directors.…