Italy-Montenegro energy cable installation started - Investment totals EUR 800 m

Installation of submarine energy cable between Italy and Montenegro Gora started on Friday, February 27, 2015 from Italian side also, after a few years of delaying, Montenegrin "Atlas TV" finds out.

The works on construction of cable, totaling some EUR 800 m from Montenegrin side started a few days ago.

Total length of submarine interconnection is 390 km. The first stage implies set up of 140 km of cable and it should end in twenty days.

In the previous period, as Italian media have already been reporting, all preconditions were fulfilled to start cable installation, which is also technically the most delicate in the infrastructure implementation.

The Italian investor will provide funds for construction of cable of some EUR 700 m while Montenegrin side will pay for construction of the facility where the cable will be connected as well as energy transmission system from the coast to north border of Montenegro.