Montenegrin Power TSO Says Works on Lastva Substation to Start in April

Montenegrin Power TSO Says Works on Lastva Substation to Start in April
SeeNews
Τετ, 25 Φεβρουαρίου 2015 - 15:12
Montenegrin power transmission system operator Crnogorski Elektroprenosni Sistem said on Tuesday the construction of the Lastva Grbaljska substation will start in April while works on the Cevo-Pljevlja powerline will be launched in August.
Montenegrin power transmission system operator Crnogorski Elektroprenosni Sistem said on Tuesday the construction of the Lastva Grbaljska substation will start in April while works on the Cevo-Pljevlja powerline will be launched in August.

The two power transmission facilities are part of plans for the construction of a subsea powerline that will connect Villanova in Italy with the Jaz peninsula in Montenegro with a 415 km 1.0 GW high-voltage DC cable, a project estimated at 1 billion euro ($1.1 billion) in total.

In late 2010, Italy's Terna and Crnogorski Elektroprenosni Sistem (CGES) signed an agreement for the construction of the undersea powerline.

The project at both sides of the Adriatic sea is expected to be completed by the end of 2016 as planned, the CGES press office said in an email to SeeNews, quoting the president of the company's board, Dragan Laketic.

CGES is expected to contribute most probably less than 100 million euro to the project, the press office said.

In April, the Kotor municipality, where the Lastva Grbaljska substation will be located, said it will be built by German engineering group Siemens at an estimated cost of 22 million euro.

The Cevo-Pljevlja section is part of the 400 kV 116 km Lastva-Pljevlja power line.

CGES earlier told SeeNews that Bosnianengineering firm Energoinvest was awarded a 29 million euro deal to build the Cevo-Pljevlja powerline which will connect the northern part of Montenegro with the south of the Adriatic country and is designed to improve security of the power supply on the coast and is a precondition for the implementation of the project for the construction of the subsea powerline to Italy.

In 2013, the European Bank for Reconstruction and Development said it was providing 60 million euro to CGES to help - alongside German development bank KfW, create the transmission capacity needed for the undersea interconnection.

CGES is 55%-owned by the Montenegrin state with Italy’s Terna-Rete Elettrica Nazionale having a 22% stake while theremainder is in the hands ofsmaller shareholders.

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