Elektroprivreda Crne Gore

Elektroprivreda Crne Gore AD Nikšic
Type public company
Industry power generation
Founded 1945
Headquarters Nikšic, Montenegro
Key people Srdjan Kovacevic, Chairman of the Board
Services production, transmission, distribution and supply of electric power
Website www.epcg.co.me

Elektroprivreda Crne Gore AD Nikšic (NEXM:EPCG) is a vertically integrated power company of Montenegro. Majority of shares is owned by the government.[1] The second largest shareholder is the Italian utility A2A by 43.7% of shares.[2] Rest of the shares is traded at the Montenegro Stock Exchange and NEX Stock Exchange under symbol EPCG.[3]

Elektroprivreda Crne Gore owns two large (Perućica and Piva) and seven small hydroelectric power plants, and one coal-fired thermal plant (Pljevlja). The Perućica hydroelectric power plant as a capacity of 307 MW and the Piva hydroelectric power plant has a capacity of 342 MW.[2] The Pljevlja Thermal Plant has a capacity of 210 MW.[4]

In 2007, Elektroprivreda Crne Gore and Italian transmission system operator Terna announced a plan to build a 300 kilometres (190 mi) long submarine cable between Italy and Montenegro.[5]

References

  1. ^ "Montenegro selling 18.3 pct stake in power firm". Reuters. 2009-02-02. http://uk.reuters.com/article/oilRpt/idUKL24262520090202?sp=true. Retrieved 2009-04-04. 
  2. ^ a b Komnenic, Petar (2009-09-30). "A2A pays 101 mln EUR for 10 pct of Montenegro EPCG". Reuters. http://uk.reuters.com/article/idUKLU25842720090930. Retrieved 2011-01-02. 
  3. ^ "Elektroprivreda Crne Gore A.D. Niksic". Google Finance. 2009-02-02. http://www.google.com/finance?q=NEXM:EPCG. Retrieved 2009-04-04. 
  4. ^ "Coal-Fired Plants in Bosnia & Montenegro". industcards.com. http://www.industcards.com/st-coal-bosnia-montenegro.htm. Retrieved 2011-01-02. 
  5. ^ "Italy's Terna plans connection with Montenegro's grid to import electricity". Forbes. 2007-11-19. http://www.forbes.com/feeds/afx/2007/11/19/afx4352982.html. Retrieved 2009-04-04. 

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