Montenegro investing EUR 39 million in smart grid system - Tenders for contractors soon

Crnogorski elektrodistributivni sistem DOO Podgorica ("DSO" or "CEDIS") intends to apply for a loan from the European Bank for Reconstruction and Development ("the Bank") and use its proceeds for completion of the modernization of the distribution network in order to transit towards a fully functioning smart grid system.

The investment, which has a total estimated cost of about EUR 39 million, will include:

– modernization and/or replacement of existing low voltage infrastructure, including overhead and underground power lines, cable distribution boxes and LV network poles;

– modernization of the smart metering software system and installation of a modern utility management energy management software system;

– installation of the remaining 45,000 smart meters with reconstruction and/or relocation of metering points, with the aim to reach around 85% coverage of the consumers in Montenegro, which could not be achieved with the previous project financed by EBRD.

The tenders should be placed by the end of 2016.

Crnogorski elektrodistributivni sistem doo Podgorica

EBRD London

Crnogorski elektrodistributivni sistem Podgorica

EBRD

smart grid

low voltage system

power lines

overhead powerlines

underground powerlines

energy management software

smart meters

smart metering software

low voltage poles