Minister of Energy Sasa Mujovic held a meeting with the representatives of PowerChina, who expressed their interest in developing renewable energy capacities in Montenegro.
The PowerChina representatives plan to hold working meetings with the executives of the top energy companies in the country and discuss concrete projects that could be of interest for possible cooperation, the ministry said.
Mujovic added that Montenegro should start the implementation of major energy projects that could be crucial for securing a much-needed energy balance. Therefore, the construction of a pump-storage hydropower plant could be of invaluable significance. He added that Montenegro needs credible investors to offer it financial and expert help, to expand the spectrum of possibilities for the Government and the national energy company EPCG to choose the most favourable option.
PowerChina has already participated in major Montenegrin infrastructure projects, such as the construction of the water supply system along the Podgorica-Kolasin motorway, and the works on the ecological reconstruction of the coal-fired thermal power plant Pljevlja that are still underway.
The Chinese company is currently involved in the construction of the Ivovik wind farm in Bosnia and Herzegovina and the Vetrozelna wind farm in Serbia.
