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

Oct 10, 2019, 10:47:22 AMArticle by Radomir Ralev
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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.

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

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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