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Elektroprivreda Crne Gore information


Elektroprivreda Crne Gore AD
Company typeState-owned enterprise
Traded as
MNSE: EPCG
IndustryElectricity
Founded1910
HeadquartersMontenegro,
Nikšić
Area served
Montenegro
Key people
Ivan Bulatović (CEO)
ProductsElectric power production
ServicesSale of electric power
Revenue240,057,791€
Operating income
22,156,935 Euro (2019) Edit this on Wikidata
Net income
21,928,832 €
Total assets1,224,472,319 €
OwnerGovernment of Montenegro(88.66%)
Number of employees
1,031 Edit this on Wikidata
Websitewww.epcg.com

Elektroprivreda Crne Gore AD is an integrated electricity company located in Niksić, Montenegro. The company is listed at Montenegro Stock Exchange with majority of shares owned by the government.[1] Rest of the shares are traded at the Montenegro Stock Exchange.[2]

The company's operations engage electricity generation, distribution and supply. In March 2009, the transmission system was split from the company, forming the separate transmission system operator company, Crnogorski Elektroprenosni Sistem.

Elektroprivreda Crne Gore owns two large and seven small hydroelectric power plants, and one coal-fired thermal plant. The Perućica hydroelectric power plant as a capacity of 307 MW and the Piva hydroelectric power plant has a capacity of 342 MW.[3] The Pljevlja Thermal Plant has a capacity of 210 MW.[4] A 100 MW solar plant is under construction, and a floating solar plant is planned for the Slano artificial salt lake.[5]

  1. ^ "Montenegro selling 18.3 pct stake in power firm". Reuters. 2009-02-02. Retrieved 2009-04-04.
  2. ^ "Elektroprivreda Crne Gore A.D. Niksic". Google Finance. 2009-02-02. Archived from the original on March 10, 2016. Retrieved 2009-04-04.
  3. ^ "Montenegro extends bidding for stake in hydropower utility". HydroWorld. PennWell Corporation. 2009-04-29. Retrieved 2011-01-02.
  4. ^ "Coal-Fired Plants in Bosnia & Montenegro". industcards.com. Archived from the original on 2009-07-18. Retrieved 2011-01-02.
  5. ^ "EPCG plans to build Montenegro's first floating solar power plant". 29 June 2021.

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