📋 Tender Overview
Project ID: 56649
Status: Exploratory
Location: Montenegro
Business Sector: Energy
Notice Type: State
Environmental Category: B
Approval Date: 19 Nov 2025
Disclosure date: 19 Sep 2025
Project Description
The EBRD is considering providing a sovereign-guaranteed loan of up to €15 million to Crnogorski Elektroprenosni Sistem AD ("CGES", or "the Company"). The proceeds of the EBRD financing will be used to support the upgrade of the Trebinje (BIH) - Peruiica (MNE) - Podgorica (MNE) - Vau i Dejes (ALB) power transmission corridor, increasing its capacity from approximately 300 MW to 600 MW. The upgrade will primarily involve replacing existing conductors with High Temperature Low Sag (HTLS) conductors along the 220 kV overhead transmission line that runs through Montenegro, from the border with Bosnia and Herzegovina, through key substations at the Peruiica hydropower plant and the main Podgorica substation, to the border with Albania.
Project Objectives
The Project will strengthen regional energy connectivity and grid resilience across the Western Balkans aimed at doubling its transmission capacity from 300 MW to 600 MW. This upgrade will be instrumental in facilitating the integration of a substantial portfolio of Renewable Energy (RE) power plants into the regional grid. The realization of this project is projected to significantly reduce energy losses.
