Đukanović: The state did not waive the compensation for Lake Bileć for the previous thirty years

The municipality of Nikšić will receive 600.000 euros per year from Elektroprivreda Crne Gore (EPCG) of the Republic of Srpska on the basis of submerged land for the needs of Lake Bileć, and the state has not waived the compensation for the previous thirty years, when this compensation was not paid, he said in a guest appearance on TV Vijesti's Colors of the Morning. President of the Board of Directors, Milutin Đukanović.

"I hear the representatives of the former government, the SDP, announce that we gave up. We did not give up anything from 1994 to 2024. They did not earn a single cent. There are a thousand arguments from both their side and ours. We agreed to study that documentation. No one will be able to give anything to anyone, but they will also not be able to take anything from anyone, if there is no valid and legal documentation," Đukanović pointed out.

He added that the legal norms that apply to municipalities in the Republic of Srpska will be applied, but also that a joint working group will be formed that will consider ideas for exploiting the potential of Lake Bileć.

"Thanks to a quarter of the water from Lake Bileć, considerable electricity is produced. Croatia and Herceg-Bosnia benefit the most from that electricity. I say that this is a complex story, no one escapes from arbitrations, but until we get to arbitrations, let's we will valorize that potential, to achieve a significant benefit for Montenegro in the coming period, and lawyers and law firms will also be involved, if necessary certain funds", said Đukanović.