Dekar Received Concession for Three Small Hydropower Plants

By , 25 Oct 2019, 12:37 PM Business
Government's session on concession Government's session on concession Boris Pejović

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The government has approved a proposal for a concession contract for the construction of three small hydropower plants (SHPP) - Crnja, Ljubaštica and Crni potok - located on the Crnja watercourse in the municipality of Kolašin.

The concessionaire with whom the contract is to be signed is the company Dekar, represented by Momcilo Miranovic.

The contract proposal defines the concession to be granted for 29 years.

"The Concessionaire is obliged to pay to the Budget of Montenegro the concession fee established in the tender procedure, which amounts to 10 percent of the sales value of electricity produced annually. The municipality in whose territory the HPP is located shall pay an amount of two percent of the selling value of electricity produced annually for the improvement of the infrastructure, following the bid that is an integral part of this contract.

Text by Marija Mirjacic, on October 24th, 2019, read more at Vijesti

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