Traded as MNSE: EPCG Products Electric power Founded 1910 Type Public company | Industry Electricity Website www.epcg.com Headquarters Nikšić | |
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Key people Srdjan Kovacevic, Chairman of the Board Services Distribution
Sale of electric power | ||
Elektroprivreda Crne Gore AD Nikšić is an integrated electricity company located in Nikšić, Montenegro. The company is listed at Montenegro Stock Exchange with majority of shares owned by the government. The second largest shareholder is the Italian utility A2A by 43.7% of shares. Rest of the shares are traded at the Montenegro Stock Exchange.
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.