The Government made a decision: More rational collection of the concession fee for privileged electricity producers

Today, the government adopted the amendment to the plan for granting concessions for detailed geological research and exploitation of mineral resources for this year, with the Report from the public hearing.

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From one of the previous sessions of the Government, Photo: Government of Montenegro
From one of the previous sessions of the Government, Photo: Government of Montenegro
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

The Government has adopted an amendment to the Regulation on the method of determining the concession fee for a company or legal entity that uses a water reservoir or watercourse for the production of electricity in hydroelectric power plants, which will enable a more rational fee collection for those who have achieved the status of a privileged producer.

The press release from the Government session states that the Regulation will enable a more rational collection of the concession fee from a company or legal entity that, in accordance with the Law on Energy, has achieved the status of a privileged producer and thus the right to an incentive price.

"In this way, the problem of collecting a part of the income that is not proportionate to the realized income is eliminated, since the concession fee represents part of the total income and it is calculated on the basis of the income from the sale of electricity", says the announcement.

As explained, given that the concession fee represents a part of the income, there was a need to amend the Regulation.

"Thus, for a company or legal entity that has the status of a privileged producer, the price of electricity that that company achieved by obtaining the status of a privileged producer will be applied and the same would be applied until the expiration of that status," the statement added.

Today, the government also adopted an amendment to the plan for granting concessions for detailed geological research and exploitation of mineral raw materials for this year, with a report from the public hearing.

It is stated that the Government, at the proposal of the Ministry of Mining, Oil and Gas, adopted an amendment to the annual plan, which includes the deposit of non-metallic mineral raw material of technical-construction stone "Lješevići - Gajevi" in Kotor and the locality of non-metallic mineral raw material of technical-construction stone "Stubički dolovi" in Niksic.

The supplement also includes the deposit of non-metallic mineral raw materials of technical and construction stone "Pogled" in Rožaje, the locality of non-metallic mineral raw materials of technical and construction stone "Kličevac" in Nikšić and the deposit of non-metallic mineral raw materials of technical and construction stone "Možura - Orlovo" in Bar.

It is added that the location of non-metallic mineral raw materials of technical and construction stone (volcanite and limestone) "Bistrica" ​​in Berane and the cement marl dump "Jagnjilo" in Pljevlje are also included.

The Government stated that concessions for detailed geological research and exploitation of mineral raw materials are granted for the purpose of securing appropriate public interest, improvement of mining activity, and provision of sustainable use of non-renewable mineral resources based on its long-term use.

They pointed out that concessions are also given for the sake of greater employment, as well as rational, economical and efficient use of natural resources, technical-technological improvement and preservation of the environment.

"The plan for granting concessions takes into account that the use of natural resources takes place in a sustainable manner," said the Government.

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