The project, valued at $50.7 million and set to be completed by 2021, should also extend the 210-megawatt (MW) power plant’s lifespan by 20 years.
Montenegro’s EPCG invites bids for coal plant clean-up to meet EU standards SARAJEVO: Montenegro’s power utility EPCG on Thursday invited bids to modernise its sole coal-fired power plant Pljevlja to reduce pollution and bring it in line with the European Union’s environmental standards. The project, valued at 45 million euros ($50.7 million) and set to be completed by 2021, should also extend the 210-megawatt (MW) power plant’s lifespan by 20 years.
All emissions and by-products of combustion of coal and chemical processes that occur during electricity production will be reduced to limits below those permitted in accordance with Montenegro’s legal regulations and the EU directives on coal industry emissions, said EPCG.
Potential bidders should apply by Sept. 9, it added. EPCG also plans to invest 20 million euros to modernise the plant’s ash depot by 2023. Montenegro’s government increased its stake in EPCG last year to 70.16% from 57%, after Italy’s biggest regional utility A2A, which held a 41.7% stake in the company, decided to pull out. A2A is expected to complete the sale of its remaining 18.65% stake in the utility this year. EPCG operates around 650 MW of installed hydro-power capacity and 210 MW of coal-fired power generation capacity and aims to diversify its power generation portfolio targeting solar and wind power sources.