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NaslovnicaEnglish NewsBusiness NewsNetwork revitalization project could be an important investment

Network revitalization project could be an important investment

Berane, (MINA-BUSINESS) – Minister of Economy Dragica Sekulic has said that revitalization of a medium and low voltage network, carried out by the Montenegrin Electricity Distribution System (CEDIS), is one of the most important investments in the distribution system in the last several decades, adding that it will encourage the positive processes in the northern municipalities.

Together with representatives of CEDIS and a contractor, she visited a section of the Dolac trunk in Berane, which is currently under reconstruction.

According to a press release issued by the Ministry, Sekulic expressed satisfaction with the adherence to the planned timetable for the delivery of works.

She said that she believes that, after the implementation of this project and other investment activities by CEDIS, planned for a period of the next three year, the users of the distribution system in Montenegro would have a better electricity supply, particularly in the rural areas.

“According to a three-year investment plan, CEDIS will invest around €80 million in the primary and secondary network on the territory of Montenegro, around €50 million of which will be invested in the revitalization and reconstruction of the existing network and €30 million in the development of new distribution infrastructure,” said Sekulic.

She believes that the project is certainly the largest investment in the distribution system made since 1980s. Longer version of article is available on a link MINA ENGLISH SERVIS

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