
A project worth a billion euros
■ Project
So far, 136 kilometres of power cable have been laid in the Adriatic Sea from the Italian side, and a further 250 kilometres of cable are to be laid on the seabed.
To continue the project's implementation, the company 'Poliervizi SRL' has been engaged, which will lay new kilometres of power cable on the bottom of the Adriatic Sea from the vessel 'Ievoli'.
Due to the continuation of the project, the Port of Pescara has issued an order requiring all vessels to enter parts of the Adriatic Sea where the power cable will be laid with caution. The port also announced that all vessels must remain 500 metres away from the vessel 'Ievoli', from which the cable will be laid in the Adriatic Sea.
■ Benefits
In early October, the Prime Minister of Montenegro, Milo Đukanović, and the CEO of Terna, Mateo del Fante, marked the start of work on laying the first section of the submarine cable from Montenegrin territory to Italy with a ceremonial ribbon-cutting.
"This striking energy bridge is a compelling illustration of the EU's effective policy of enlargement towards the Western Balkans, and at the same time a confirmation of the region's countries' determination to base their future development on the highest European standards. "With this, Montenegro also essentially becomes the energy link of the Western Balkans with the EU," Đukanović said at the time.
The benefits for Montenegro are in the millions, primarily because our country is the main hub without which the transmission of electricity to European states will not be possible. Furthermore, the implementation of the project significantly improves the transmission network in Montenegro.
In mid-November 2010, a contract was signed for the implementation of the project to connect Italy and Montenegro with a power cable. The contract was signed by the then Montenegrin Minister of Economy, Branko Vujović, the Chairman of the Board of Directors of the Montenegrin Transmission System, Zoran Đukanović, and the Chief Executive Officer of the Italian company Terna, Flavio Cattaneo. The project is valued at around one billion euros, with Montenegro contributing 100 million euros to its implementation.
136 kilometres of power cable have so far been laid on the bottom of the Adriatic Sea from the Italian side.
So far, 136 kilometres of power cable have been laid in the Adriatic Sea from the Italian side, and a further 250 kilometres of cable are to be laid on the seabed.
Source: Daily Newspaper