Sale of five small power plants in Montenegro stopped due to unresolved ownership relations

Source: BBN (Balkan Business News) Thursday, 01.01.1970. 15:29
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"Sale of five small power plants, which are included in this-year privatization plan, has been stopped due to unresolved ownership relations", Privatization Council of Montenegro announced.

Owners of the locations where hydroelectric power plants Rijeka Mušovića, Podgor, Šavnik, Lijeva Rijeka and Rijeka Crnojevića are built are Electric Power Company of Montenegro, the state or municipalities, public water systems and citizens.

The Council expects that the disputes about ownership will end soon and that the tender for sale of these mini hydroelectric power plants will be announced at the beginning of the next year.

(Source: Bakan Business News, http://www.seebbn.com/index_en.php?lang=7&id=2737

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