Skoda Praha and CEZ have agreed a partnership with GE to build a new coal-fired power plant in the Balkans.


The TPP Pljevlja II power plant in Montenegro will be developed by the trio with investor EPCG securing financing.

Skoda expects to present a final proposal of the financial structure and financing conditions for the project by the end of this month.

CEZ signed deal to build the 254 MW coal-fired plant in September 2016.