Elektroprivreda Crne Gore
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. Rest of the shares are traded at the Montenegro Stock Exchange.
| Company type | State-owned enterprise |
|---|---|
Traded as | MNSE: EPCG |
| Industry | Electricity |
| Founded | 1910 |
| Headquarters | Montenegro, Nikšić |
Area served | Montenegro |
Key people | Ivan Bulatović (CEO) |
| Products | Electric power production |
| Services | Sale of electric power |
| Revenue | 240,057,791€ |
| 22,156,935 Euro (2019) | |
Net income | 21,928,832 € |
| Total assets | 1,224,472,319 € |
| Owner | Government of Montenegro(88.66%) |
Number of employees | 1,031 |
| Website | www |
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. The Pljevlja Thermal Plant has a capacity of 210 MW. A 100 MW solar plant is under construction, and a floating solar plant is planned for the Slano artificial salt lake.