They are installing wind farms, and the contract has expired

The deadline for the completion of the Možura Wind Power Plant (VE) expired in November last year, and the annex to the concession agreement has not yet been signed. In the meantime, in the middle of this month, the first windmill was installed on the Možura hill, out of the planned 23.

The Ministry of Economy told "Vijesti" that the text of the annex to the concession agreement is in the final stage of harmonization and will be signed soon. According to unofficial information, representatives of the investor, the company Malta Montenegro Wind Power, repeatedly requested the signing of the annex.

"The consequences of the delay of the works on the ground, and thus the breaking of the deadlines defined by the contract, are circumstances that the investor could not influence, which is why there were conditions for the automatic extension of the deadlines from the contract. In accordance with that, the works on the ground are being carried out smoothly, so that, apart from a certain postponement of the deadlines for the completion of the project which will be defined in the annex to the contract, we do not expect any other obstacles to its realization", said the Ministry.

The contract for the lease of land and the construction of the Možura HPP was signed in 2010 with the Fersa & Čelebić consortium, which included the Spanish Fersa Energias Renovables and Čelebić from Podgorica, who has since left the job. According to that contract, the owners of VE will receive subsidies of 115 million euros from electricity consumers for 12 years of operation. In 2015, with the consent of the Government, that investor transferred the rights and obligations from the lease agreement to a new tenant, the company Enemalta plc, whose majority owner is the Government of Malta, and 30 percent is owned by Shanghai Electric Power. After that, 90 percent of the shares in the subsidiary company Možura Wind Park were transferred to the company Malta Montenegro Wind Power JV Ltd. In the explanation of the Government's consent decision, it is written that the owners of that company are International Renewable Energy Development ltd from Malta (70%), the offshore company Vestigo Clean Energy I ltd (20%) and Envision Energy International ltd from Hong Kong (10%).

In the Basic Court in Podgorica, there is a dispute about this business, and the Special Prosecutor's Office launched an investigation due to suspicions of possible corruption of state officials.