EBRD approves €35M loan to modernize Montenegro’s energy sector

EBRD approves €35M loan to modernize Montenegro’s energy sector

Shorouk Express BAKU, Azerbaijan, January 27. The European Bank for Reconstruction and Development (EBRD) has approved a loan of up to 35 million euros to Montenegro’s Crnogorski Elektrodistributivni Sistem (CEDIS) to modernize the country’s energy sector, Trend reports. This financing will help implement a new SCADA system, an advanced distribution management system (ADMS), and install…

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