The value of both deals makes for 26% of the company’s T12 2018 revenues.

Dalekovod has published a document stating that a Norwegian company, Statnett, chose Dalekovod for construction of  420 kV power line Lyse  – Fagrafjell which is 67km long. According to Statnett, the construction period is expected to be 4 – 5 years, after the licnece has been granted.

Note that the value of the deal is more than EUR 44m, which will be concluded once Statnett publishes a final confirmation of the investment decision.

At the same time, Dalekovod also signed a contract with a Swedish company, Ellevio AB, for construction of 145 kV line Forshult – Bosjön – Kalhyttan, which is 44km long. The value of the deal is more than EUR 5.5m.

Note that the value of both deals makes for 26% of the company’s T12 2018 revenues.

The investments include the refurbishment of the 400/220/110/20 kV transformer substation Domnesti, worth RON 144.4m (EUR 30.4m), which will be completed in 2020.

Transelectrica published a document stating that they are expediting investments in order to increase the operational safety of the National Power System (SEN) and the electricity supply to consumers in Bucharest area.

The investments include the refurbishment of the 400/220/110/20 kV transformer substation Domnesti, worth RON 144.4m (EUR 30.4m), which will be completed in 2020. Further, with the purpose of enhancing the electricity transmission network in Bucharest area, last year upgrades amounting to RON 2.5m were carried out to the 220/110/20 kV transformer substation Funden. Also, for 2019, Transelectrica intends procuring design services for the upgrade work to the 400/220/110/10 kV substation Bucharest South.