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Montenegro’s CGES invites bids for power exports to Serbia in November

Author Radomir Ralev
Montenegro’s CGES invites bids for power exports to Serbia in November Source: Pixabay

PODGORICA (Montenegro), October 10 (SeeNews) – Montenegro's power transmission system operator Crnogorski Elektroprenosni Sistem (CGES) [MNG:PREN] said it is inviting bids for monthly available transmission capacity (ATC) of up to 225 MW for exports to Serbia for November delivery, it said on Thursday.

The auction for transmission capacities for exports to Serbia in November 2019 will be held on October 15, CGES said in a statement.

The price for allocated capacity cannot be lower than 0.10 euro ($0.11) per MWh, CGES said.

All unused monthly capacity will be offered at daily auctions, the company added.

($ = 0.907631 euro)

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