CEDIS: Network Revitalization Project Worth Over 22 Million EUR to Begin

By , 17 Dec 2018, 12:20 PM Business
Project of revitalization of the medium and low voltage electric power network Project of revitalization of the medium and low voltage electric power network CdM

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December 17, 2018 - The Montenegrin power distribution system, after a detailed review made by the Commission for the opening and evaluation of bids of the offer submitted by the Consortium, comprised by “Mezon” Danilovgrad, “Electro Team” Budva and “Ramel” Niksic, selected the most favorable tender in the procedure of public procurement of works for the needs of Project of revitalization of the medium and low voltage electric power network in Montenegro.


"With the mentioned contractor a lump sum agreement will be concluded for a period of 24 months. The total value of the works envisaged for the duration of the lump sum agreement, with VAT included, is 22 million and 400 thousand euros, while in the first year the works will be carried out in the total value of around 12 million and 400 thousand euros," CEDIS announced.

The start of the works is planned for February next year.

"The revitalization project for the medium voltage (SN) and low voltage (NN) electricity network is part of the investment plan for 2019-2021, which foresees the realization of investment projects for EUR 81.6 million," they said.


Through the Revitalization Project, from 2019-2021, in the SN network, about 480 km will be adapted, which, as they add, makes about 13 percent of the SN network above the ground and about eight thousand posts, while around 990 km of NN network will be adapted and about 28 thousand posts.

"A significant portion of the funds will be allocated for the revitalization of the medium and low voltage networks from which the rural area in the north is charged. The realization of this project will provide more reliable and better-quality power supply, as well as a smaller number of power outages, and infrastructure prerequisites for connection of new users will be created, "they concluded.

Text by CdM, on December 16th, 2018, read more at CdM

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