PowerChina intersted in building of TE Pljevlja second block
CSEBA
Author: CSEBA / SEEbiz
3rd February 2018
PODGORICA - PowerChina is intersted in realisation of energetic projects in Montenegro, especially in building of TE Pljevlja second block, said its representatives at a meeting with Vice President of the Chamber of Commerce (PKCG), Ivan Saveljić.

"We are very interested in the development of the energy sector in Montenegro, especially for the second block of TPP Pljevlja, especially now that Škoda Praha has left the job," said Sichuan Electric Power Design & Consulting, PowerChina, Zhong Xiaoping.

He said that the Chinese company sees great potential of the energy sector in view of the connection of the Montenegrin with the energy markets of the region and, in the future, the EU through the energy cable that connects it with Italy.

Xiaoping added that he expects PKCG support if that state-owned company in China gets a job in Montenegro.

He was interested in the Montenegro Energy Action Plan, whether the civil sector is in favor of the construction of the second block in Pljevlja, and whether there is a possibility for the state to provide a guarantee for a loan that would realize this investment.

PKCG informed that members of the Chinese delegation, during their stay in Montenegro, talked with representatives of the Electric Power Industry (EPCG) and visited the TE in Pljevlja. PKCG president Ivan Saveljić explained that energy is a priority sector of Montenegro's development, together with agriculture and tourism, and that the Government adopted a detailed Action Plan outlining the planned projects and the dynamics of their implementation.

He said that Montenegro's energy needs mostly met with hydro-potential, but TPP in Pljevlja significantly contributes to the stability of the system.
The construction of its second block, he added, would contribute to the orientation of Montenegro to be an exporter of electricity, as well as heating of the city, that is, solving of ecological issues.

So far, we have a very good experience with Chinese companies on the construction of the Bar-Boljare highway. It is now a favorable business climate for the involvement of Chinese companies in Montenegrin capital projects", Saveljić said.

He said that the state can not guarantee for the loan that would be realized by the project.

 

 

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