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Montenegro's EPCG replaces 50,000 electric meters by mid-Oct

Oct 17, 2012, 3:11:27 PMArticle by Valentina Dimitrievska
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PODGORICA (Montenegro), October 17 (SeeNews) – Montenegrin power utility Elektroprivreda Crne Gore (EPCG) said it had replaced 50,000 electric meters with new multifunctional devices by mid-October as part of an ongoing 43.5 million euro ($56.7 million) nationwide project.

Montenegro's EPCG replaces 50,000 electric meters by mid-Oct

In the first nine months of the year, the company has realized over 70% of the annual plan for the replacement of old meters, EPCG said in a statement on Tuesday.

A total of 175,000 new devices are planned to be deployed over a period of three years starting from mid-December. The project aims to pare electricity losses and raise the rate of bill collection, EPCG said earlier.

($=0.7665 euro)

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