This Report is the third one published by the non-governmental organization MANS regarding project of construction of the new thermal power plant (TPP) in Pljevlja and includes activities undertaken by the Government of Montenegro during 2017 and early 2018. Previous two reports were published by MANS in February 2016 and February 2017.
Over the past years, project of construction of the new TPP Pljevlja has become one of the most controversial in the country, followed by sharp criticism by the civil sector and a part of the expert public that it is economically unprofitable and with far-reaching negative consequences for human health and the environment.
In mid-2017, MANS obtained data that show that the Electric Power Company of Montenegro (EPCG) for the first time seriously considered the option not to build the Second Block of TPP, and at the end of the same year, Czech company “Škoda Praha” terminated the contract for the construction of the Second Block because it had not managed to find a financier. Thus, EPCG turned to ecological reconstruction of the First Block and announced investments of close to € 50 million for these purposes.
In addition, what marked 2017 in the energy company was the announcement that a long-standing strategic partner Italian company A2A was leaving. The Government accepted A2A’s bid for the purchase of its minority package of shares for a price of € 250 million. However, by the beginning of 2018 there was no information on how this financial arrangement will be implemented.
Complete report download HERE (PDF)
