The key energy companies of Montenegro—Elektroprivreda (EPCG), the Montenegrin Electricity Distribution System (CEDIS) and the Montenegrin Transmission System (CGES)—signed a Letter of Intent today for strategic cooperation on the development of a Consolidated Data Center (KDC) project.
According to a statement from EPCG, this initiative marks a significant step towards the digital transformation of Montenegro’s energy system and the creation of a modern information hub.
“This partnership will see EPCG, CEDIS, and CGES pooling resources and knowledge to create a technologically advanced system for managing data and digital services,” the statement reads.
The KDC will be located in the industrial complex of Nikšić Steelworks, in spaces already designated for this purpose.
“In addition to its primary role in modernizing the energy companies, the potential commercial use of the KDC’s capacity for other institutions and businesses is also being considered,” the statement adds.
EPCG’s Executive Director, Ivan Bulatović, said that the project underscores a shared vision and determination to position Montenegro as a technologically advanced country.
“The KDC is not just an infrastructure project; it is the foundation for digital transformation, enabling more precise data analysis, better decision-making efficiency, and a more secure energy system,” said Bulatović.
He emphasized that the goal is for EPCG, together with its partners from CEDIS and CGES, to create a system that is ready for future challenges.
“Digitalization is an unavoidable step in modernizing the sector, and the KDC is a key element of this process,” Bulatović added.
CEDIS Executive Director Vladimir Ivanović stressed the importance of collaboration between Montenegro’s key energy entities, as well as support for other industries.
“Developing the energy system involves not only investment in networks and capacity but also in smart solutions that provide greater flexibility and security in operations,” said Ivanović.
He added that the KDC would improve coordination between companies, reduce operational costs, and enhance IT infrastructure.
“This is an investment that brings long-term value to the energy sector and Montenegro’s economy,” Ivanović stated.
CGES Executive Director Ivan Asanović highlighted the significance of the project for the stability of the transmission network.
“This project not only digitalizes processes but also creates a system that will allow for more efficient management of energy resources across the country,” said Asanović.
He noted that the KDC represents a major step forward in sector modernization and ensures better connectivity between all key participants in Montenegro’s energy system.
“I believe that, with adequate support and strategic commitment from all parties involved, this project will deliver concrete benefits and further strengthen the security and reliability of Montenegro’s energy grid,” Asanović emphasized.
According to the statement, the signatories have already launched initial activities related to preparing a feasibility study that will define the technical and economic parameters of the project.
EPCG noted that based on the results of this study, a separate agreement will be adopted, specifying the next steps in the KDC’s implementation.
“EPCG, CEDIS, and CGES continue with strategic investments in the modernization of Montenegro’s energy sector—to ensure a more stable, secure, and digitally advanced energy system,” the statement concludes.
