Regulatory Filings • Feb 15, 2013
Regulatory Filings
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Disclosure 304895
Vilnius, Lithuania, 2013-02-15 08:33 CET (GLOBE NEWSWIRE) -- LITGRID, the Lithuanian electricity transmission system operator, and ABB, the global technology group, today signs an agreement for design and construction of a high-voltage direct current (HVDC) back-to-back converter station with a 400 kV switchyard in Alytus. The value of the contract is 288 million LTL. The preliminary value of the LitPol Link project being implemented by Lithuania and Poland is 1.281 billion LTL. The HVDC back-to-back converter station that is the key element in the LitPol Link interconnection will be built next to the Alytus transformer substation. Construction work will begin in spring 2014 and will be completed by December 2015. A high-voltage electricity transmission line will be built, and the Alytus substation's 330 kV switchyard will be remodelled. Operation of the power interconnector will begin in December 2015. Laura Šebekienė Head of Communication Department Tel. + 370 693 65377, E-mail: [email protected]
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