Peskara votes against undersea power cable linking Italy and Montenegro.

By bne IntelliNews December 15, 2010
The municipal council of Italian Peskara voted against the deployment of an undersea power cable linking Italy and Montenegro across the Adriatic, Vijesti daily reported. The council considers that the project, whose value is EUR 760mn, should be again discussed by the local government. We remind that, Italian electricity transmission system operator Terna and Montenegrin Transmission System (CGES) signed last month an agreement on the construction of the submarine power cable. The interconnection cable between Montenegro and Italy will be 450 km long, 375 km of which will connect both sides of the Adriatic along the seabed, while some 75 km will be on the land. Terna will also build an additional grid infrastructure in the form of a 400kV interconnection cable between Montenegro and Bosnia and Herzegovina and an additional 400 kV cable between Montenegro and Serbia.

Related Articles

Montenegro says to borrow EUR 220mn this year, down 12% than planned.

Montenegro's government said it decided on Thursday, March 21, to reduce to EUR 220mn from EUR 250mn the amount it plans to borrow this year for financing its budget spending and servicing ... more

Montenegro reports increased budget revenue in Q1.

Montenegro's budget revenue increased by 11.5% y/y to EUR 195mn in the period from January 1 to March 20 due to higher profit tax, social contributions and VAT inflows, news service ... more

Mobile phone penetration in Montenegro drops to 155.5% in Feb 2013.

Mobile phone penetration in Montenegro dropped to 155.5% at the end of February 2013, from 159.81% at end-Dec 2012 and 163.66% a year earlier, the latest figures of the telecommunications agency ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335