30 million euros of investments in the electricity network - OSHEE: Interventions include 3 components, improving service for citizens
The Electricity Distribution Operator has opened the international tender for the project “Energy Distribution Investment Program I”, inviting interested companies to participate. The procedure is being carried out in cooperation with the German KfW, as the project creditor.
The program is expected to complete its first 3 components by the end of 2026, which include the modernization of the SCADA system, improvements to the distribution systems, the construction of new substations, and the expansion of the medium voltage network.
The loan was approved in 2019 and has a total value of 30 million euros. At that time, some of the objectives to be achieved were announced, starting from increasing the capacity of the distribution system, reducing CO2 emissions through the reduction of technical losses, as well as increasing the security and quality of supply through increased efficiency and reliability of the distribution system.
The investments are expected to result in a 20% reduction in losses in the selected substations and their respective network, as well as a reduction of at least 10% in the performance indices for unserved energy in the network connected to the selected substations.
Achieving the program's objectives is expected to translate into better service for citizens, avoiding power outages, reducing costs, increasing sector efficiency, and consolidating the market.
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