CGES BIH-MNE-ALB 220kv OHL reconductoring

passed final review, pending approval

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.