Montenegrin Electricity Transmission System and German Development Bank (KfW) signed the contract on loan worth 20 million EUR. The purpose is the construction of electric and energy infrastructure on peninsula Luštica.
“This project includes the construction of the new substation in Radovići, extension of a substation in Tivat, installation of underground cables connecting the substation Radovići with the existing overground line Tivat-Budva”, say the representatives of Electricity Transmission System .
Realization of this important investment will provide higher level of safety and reliability in the electricity supply of all consumers in this part of the seaside. It will also provide capacities for junction of new tourism complexes. The project itself will enhance the development of tourism in Luštica so we can expect huge social and economic benefits.
