Elektroprivreda Crne Gore AD Nikšic (NEXM:EPCG) is a vertically integrated power company of Montenegro. Majority of shares is owned by the government. The second largest shareholder is the Italian utility A2A

A2A

A2A S.p.A. is an Italian utility company born out of the merger of two independent Italian companies, AEM of Milan and ASM Brescia at the end of 2007. It is the first Italian operator in the private urban waste sector to work 24 hours for an energy production of 1.5 TWh. It is the third largest...

 by 43.7% of shares. Rest of the shares is traded at the Montenegro Stock Exchange

Montenegro Stock Exchange

The Montenegro Stock Exchange is a stock exchange located in Podgorica, Montenegro. It is Montenegro's only stock exchange.The MNSE was founded 1993, and is a member of the WFE, FESE and FEAS...

 and NEX Stock Exchange under symbol EPCG.

Elektroprivreda Crne Gore owns two large (Perućica and Piva) and seven small hydroelectric power plants, and one coal-fired thermal plant (Pljevlja). The Perućica hydroelectric power plant as a capacity of 307 MW and the Piva hydroelectric power plant has a capacity of 342 MW. The Pljevlja Thermal Plant

Pljevlja Power Station

Pljevlja Power Station situated at Pljevlja at , is the only coal-fired power station in Montenegro. It went in service in 1982 and has a generation capacity of 210 MW. It produces about 1/3 of the electricity of Montenegro. The chimney of Pljevlja Power Station is the tallest man-made object in...

 has a capacity of 210 MW.

In 2007, Elektroprivreda Crne Gore and Italian transmission system operator Terna

Terna (company)

Terna S.p.A. - Rete Elettrica Nazionale is a company based in Rome which owns and operates around 98% of the Italian high-voltage power transmission grid. Formerly a wholly owned subsidiary of Enel, the company was IPO-ed in 2004. Enel continues to hold around 5% of the firm, with the major...

announced a plan to build a 300 kilometres (186.4 mi) long submarine cable between Italy and Montenegro.