Crnogorski elektroprenosni sistem AD (MNSE: PREN) (CGES; former name Prenos AD; meaning: Montenegrin Electrical Transmission System) is an electric power transmission system operator located in Podgorica, Montenegro. It is a member of European Network of Transmission System Operators for Electricity.

In 2009, the company broke away from EPCG and was partly privatized, with 55% stake owned by Government of Montenegro. 22% and 15% stake is owned by Italian and Serbian electricity transmission companies Terna and EMS respectively.

Crnogorski Elektroprenosni Sistem

CGES and Terna are planning to build a 1,000 MW submarine cable between Tivat and Pescara. The cable to be operational by 2015.

Crnogorski Elektroprenosni Sistem

The European Bank for Reconstruction and Development is preparing a €65 million syndicated loan for the company. The loan would be used for the construction of a new substation at Lastva, and a new line from Lastva to Pljevlja to be connected to the Italy–Montenegro interconnector.

Crnogorski Elektroprenosni Sistem

See also

Energy in Montenegro

References

External links

Electric power transmission system operators in Montenegro