Montenegrin state-owned power utility EPCG signed a contract with the Public Works Administration on the construction of district heating system in the city of Pljevlja.
The first phase of the project envisages the development of the main design of the heating system, as well as the construction of the main line in the length of 1,830 meters.
CEO of EPCG Nikola Rovcanin said that he expects that the works on the first phase will start by the end of the year, adding that the company will invest 5 million euros in the first phase.
In April, EPCG said that it has started the environmentally oriented reconstruction of the country’s sole coal-fired thermal power plant Pljevlja, with the aim of increasing the plant’s operational life. The project’s value is 70 million euros and it should be completed in two and a half years.
In June 2020, EPCG signed a contract for the reconstruction of coal-based thermal power plant Pljevlja with a consortium led by Chinese Dongfang Electric Company (DEC). The selected consortium offer to perform the reconstruction for around 54.4 million euros including VAT. EPCG later decided to invest additional 15 million euros in the reconstruction.
